https://www.taxtmi.com/caselaws?id=63003 The Tribunal set aside the AAC's order and remanded the matter for a fresh examination to determine whether the document was a hundi. If confirmed as a hundi, Section 69D would apply, deeming the loan amount as income. The Third Member stressed the importance of establishing the document's nature before applying Section 69D, differing from the Judicial Member's view on null documents. The case was referred back to the AAC for a detailed assessment and a clear decision on the document's classification. en-us Thu, 27 Aug 1987 00:00:00 +0530 Thu, 27 Jan 2011 12:10:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=63003 The Tribunal set aside the AAC's order and remanded the matter for a fresh examination to determine whether the document was a hundi. If confirmed as a hundi, Section 69D would apply, deeming the loan amount as income. The Third Member stressed the importance of establishing the document's nature before applying Section 69D, differing from the Judicial Member's view on null documents. The case was referred back to the AAC for a detailed assessment and a clear decision on the document's classification. Case-Laws Income Tax Thu, 27 Aug 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=63003