https://www.taxtmi.com/caselaws?id=15917 The Tribunal's decision regarding the genuineness of the hundi loans was upheld, with the burden of proof resting on the assessee, who failed to discharge it satisfactorily. The judgment affirmed the findings of the lower authorities and ruled in favor of the Revenue on both issues. en-us Thu, 29 Apr 1999 00:00:00 +0530 Sat, 29 Aug 2009 18:15:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=15917 The Tribunal's decision regarding the genuineness of the hundi loans was upheld, with the burden of proof resting on the assessee, who failed to discharge it satisfactorily. The judgment affirmed the findings of the lower authorities and ruled in favor of the Revenue on both issues. Case-Laws Income Tax Thu, 29 Apr 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=15917