https://www.taxtmi.com/caselaws?id=462179 Section 69D of the Income-tax Act, 1961 was held inapplicable because the documents relied on for the borrowals were found to be promissory notes, not hundies. The Tribunal's finding on the character of the documents was one of fact and was not interfered with. The Court also followed its earlier view on the same issue, resulting in the questions being answered in favour of the assessee and against the revenue. en-us Wed, 11 Aug 1999 00:00:00 +0530 Fri, 30 May 2025 14:19:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=462179 Section 69D of the Income-tax Act, 1961 was held inapplicable because the documents relied on for the borrowals were found to be promissory notes, not hundies. The Tribunal's finding on the character of the documents was one of fact and was not interfered with. The Court also followed its earlier view on the same issue, resulting in the questions being answered in favour of the assessee and against the revenue. Case-Laws Income Tax Wed, 11 Aug 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=462179