https://www.taxtmi.com/caselaws?id=415671 The tribunal allowed the appeal for statistical purposes, remanding the issue to the Commissioner (Appeals) for thorough examination of new evidence presented by the appellant to establish the genuineness of unsecured loans totaling Rs. 1,40,00,000. The tribunal emphasized the need for verification of the additional evidence to ensure fairness in resolving the dispute. The appellant's submission of fresh evidence, including bank statements and tax documents, supported the credibility of the lenders, warranting further scrutiny by the authorities. en-us Mon, 27 Sep 2021 00:00:00 +0530 Sat, 11 Dec 2021 09:25:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=415671 The tribunal allowed the appeal for statistical purposes, remanding the issue to the Commissioner (Appeals) for thorough examination of new evidence presented by the appellant to establish the genuineness of unsecured loans totaling Rs. 1,40,00,000. The tribunal emphasized the need for verification of the additional evidence to ensure fairness in resolving the dispute. The appellant's submission of fresh evidence, including bank statements and tax documents, supported the credibility of the lenders, warranting further scrutiny by the authorities. Case-Laws Income Tax Mon, 27 Sep 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=415671