https://www.taxtmi.com/caselaws?id=413108 The Tribunal allowed the appeal for statistical purposes, remanding the issue to the Commissioner of Income-tax (Appeals) for a detailed review based on the additional evidence provided by the assessee. The Tribunal found that the loans were received through banking channels from known individuals, with the assessee submitting sufficient documentary evidence to establish the legitimacy of the transactions. The Commissioner of Income-tax (Appeals) was directed to conduct a comprehensive inquiry considering the new evidence and ensuring a fair opportunity for the assessee to present their case. en-us Mon, 27 Sep 2021 00:00:00 +0530 Tue, 05 Oct 2021 08:41:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=413108 The Tribunal allowed the appeal for statistical purposes, remanding the issue to the Commissioner of Income-tax (Appeals) for a detailed review based on the additional evidence provided by the assessee. The Tribunal found that the loans were received through banking channels from known individuals, with the assessee submitting sufficient documentary evidence to establish the legitimacy of the transactions. The Commissioner of Income-tax (Appeals) was directed to conduct a comprehensive inquiry considering the new evidence and ensuring a fair opportunity for the assessee to present their case. Case-Laws Income Tax Mon, 27 Sep 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=413108