https://www.taxtmi.com/caselaws?id=233994 The Tribunal allowed the assessee's appeal regarding the treatment of unsecured loans, emphasizing the importance of proper enquiry and evidence. The revenue's appeal on the issues of undisclosed receipts and bogus gift of immovable property was dismissed, with the Tribunal highlighting the genuine nature of the transactions and lack of evidence supporting the revenue's contentions. The Tribunal's decision underscored the necessity for thorough investigation and substantiation when making additions under the Income-tax Act. en-us Tue, 14 May 2013 00:00:00 +0530 Fri, 24 May 2013 09:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=233994 The Tribunal allowed the assessee's appeal regarding the treatment of unsecured loans, emphasizing the importance of proper enquiry and evidence. The revenue's appeal on the issues of undisclosed receipts and bogus gift of immovable property was dismissed, with the Tribunal highlighting the genuine nature of the transactions and lack of evidence supporting the revenue's contentions. The Tribunal's decision underscored the necessity for thorough investigation and substantiation when making additions under the Income-tax Act. Case-Laws Income Tax Tue, 14 May 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=233994