https://www.taxtmi.com/caselaws?id=418612 The Tribunal remanded the case to the Assessing Officer as the assessee failed to prove the genuineness of loans and creditworthiness of lending parties, while the revenue's inquiries were incomplete. The matter was sent back for further investigation, with instructions to adhere to the Income Tax Act and principles of natural justice. The appeal was allowed for statistical purposes, and the case was remanded for further inquiry. en-us Tue, 08 Feb 2022 00:00:00 +0530 Fri, 18 Feb 2022 17:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=418612 The Tribunal remanded the case to the Assessing Officer as the assessee failed to prove the genuineness of loans and creditworthiness of lending parties, while the revenue's inquiries were incomplete. The matter was sent back for further investigation, with instructions to adhere to the Income Tax Act and principles of natural justice. The appeal was allowed for statistical purposes, and the case was remanded for further inquiry. Case-Laws Income Tax Tue, 08 Feb 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=418612