https://www.taxtmi.com/caselaws?id=55207 The Tribunal concluded that the additions made by the ITO were not justified due to procedural errors and the unreasonable expectation placed on the assessee to prove the genuineness of the loans after 20 years. Consequently, the Tribunal deleted the addition of Rs. 6,17,500 and related interest and expenses, allowing the assessee's appeal. en-us Mon, 23 Apr 1990 00:00:00 +0530 Wed, 24 Nov 2010 15:18:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=55207 The Tribunal concluded that the additions made by the ITO were not justified due to procedural errors and the unreasonable expectation placed on the assessee to prove the genuineness of the loans after 20 years. Consequently, the Tribunal deleted the addition of Rs. 6,17,500 and related interest and expenses, allowing the assessee's appeal. Case-Laws Income Tax Mon, 23 Apr 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=55207