Assessing Officer's Inconsistency: Accepts Some Loans as Genuine, Rejects Others from Same Lender Without Confirmation.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Non-genuine unsecured loan u/s. 68 - When part of the loans taken from the same lender has been accepted by the Assessing Officer as genuine, then it is not understandable as to why the balance loan taken from the same lender should be treated as non-genuine on the ground that no “confirmation” from the said the lender has been filed. - AT....