https://www.taxtmi.com/caselaws?id=8657 The Tribunal found discrepancies in account books, unreliable solicitor testimony, and denial by Nichani & Co., leading to the conclusion that alleged hundi loans of Rs. 95,000 were not genuine. The Tribunal upheld the decision to treat the amount as income from undisclosed sources, disbelieving the solicitor's evidence. The rule was discharged with costs. en-us Fri, 30 Jun 1972 00:00:00 +0530 Sat, 09 May 2009 19:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=8657 The Tribunal found discrepancies in account books, unreliable solicitor testimony, and denial by Nichani & Co., leading to the conclusion that alleged hundi loans of Rs. 95,000 were not genuine. The Tribunal upheld the decision to treat the amount as income from undisclosed sources, disbelieving the solicitor's evidence. The rule was discharged with costs. Case-Laws Income Tax Fri, 30 Jun 1972 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=8657