https://www.taxtmi.com/caselaws?id=60929 The Tribunal allowed the appeal of the assessee, directing the deletion of the addition of Rs. 20,000 under section 69 of the Income-tax Act for loans claimed from close relations. It emphasized the importance of a fair and reasonable approach by revenue authorities, the duty to investigate before drawing adverse inferences, and the acceptance of certified photocopies as evidence in income-tax proceedings. The Tribunal held that the DCIT (Appeals) should have accepted the evidence provided by the assessee and could not shift the burden entirely without proper inquiry or investigation. en-us Wed, 26 Jun 1996 00:00:00 +0530 Sat, 08 Jan 2011 16:35:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=60929 The Tribunal allowed the appeal of the assessee, directing the deletion of the addition of Rs. 20,000 under section 69 of the Income-tax Act for loans claimed from close relations. It emphasized the importance of a fair and reasonable approach by revenue authorities, the duty to investigate before drawing adverse inferences, and the acceptance of certified photocopies as evidence in income-tax proceedings. The Tribunal held that the DCIT (Appeals) should have accepted the evidence provided by the assessee and could not shift the burden entirely without proper inquiry or investigation. Case-Laws Income Tax Wed, 26 Jun 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=60929