https://www.taxtmi.com/caselaws?id=204914 HC held that the taxpayer's production of loan-confirmation certificates showing PAN, addresses and account-payee cheques prima facie discharged the initial burden on genuineness and creditworthiness of creditors. The Assessing Officer relied on undisclosed information from his Inspector without giving the taxpayer adequate opportunity to rebut it. Equity requires the full text of the Inspector's report be communicated to the taxpayer before it is used against them. The assessment order was set aside and remitted to the AO to furnish the Inspector's report to the taxpayer and permit further enquiry. en-us Tue, 02 Aug 2011 00:00:00 +0530 Thu, 21 Aug 2025 14:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=204914 HC held that the taxpayer's production of loan-confirmation certificates showing PAN, addresses and account-payee cheques prima facie discharged the initial burden on genuineness and creditworthiness of creditors. The Assessing Officer relied on undisclosed information from his Inspector without giving the taxpayer adequate opportunity to rebut it. Equity requires the full text of the Inspector's report be communicated to the taxpayer before it is used against them. The assessment order was set aside and remitted to the AO to furnish the Inspector's report to the taxpayer and permit further enquiry. Case-Laws Income Tax Tue, 02 Aug 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=204914