https://www.taxtmi.com/caselaws?id=296567 The Tribunal allowed the appeals for statistical purposes, setting aside the matters to the AO for verification of loan repayments through banking channels and proper examination of the loan creditors. The AO was directed to provide the assessee with an opportunity to cross-examine Mr. Khandar and to decide the issues based on merits, in accordance with the principles of natural justice. en-us Fri, 29 Jul 2016 00:00:00 +0530 Thu, 29 Jul 2021 10:47:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=296567 The Tribunal allowed the appeals for statistical purposes, setting aside the matters to the AO for verification of loan repayments through banking channels and proper examination of the loan creditors. The AO was directed to provide the assessee with an opportunity to cross-examine Mr. Khandar and to decide the issues based on merits, in accordance with the principles of natural justice. Case-Laws Income Tax Fri, 29 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=296567