CIT v. United Commercial and Industrial Co (P.) Ltd.

187 ITR 596High Court1991#756 most cited

What is CIT v. United Commercial and Industrial Co (P.) Ltd. authority for?

Under Section 68 of the Income-tax Act, the assessee must prima facie prove the identity of creditors, their creditworthiness or capacity, and the genuineness of the transactions to explain any cash credit, including share application money.

135

judgments rely on this decision, according to BharatTax’s citation analysis of 366,339 Indian tax judgments — from 2009 to 2026.

Also referred to as

CIT v. United Commercial and Industrial Co (P.) Ltd · Section 68 · cash credit · onus of proof · identity of creditors · creditworthiness of creditor · genuineness of transaction · share application money · assessee's burden · unexplained cash credit

Also reported as

56 Taxmann 304

Sections most often in play

Section 68Section 143(3)Section 133(6)Section 143(2)Section 115BBESection 142(1)Section 250Section 69A

Issues it is cited on

source of sourcecreditworthiness of the creditorpaper companysection 31share capital and share premiumsection 251(2)section 251(1)(a)live linkonus of proofshare application moneyaddition u/s 68entry operator

Judgments citing CIT v. United Commercial and Industrial Co (P.) Ltd.

ITO Ward - 14(2), New Delhi vs. Kasper Information Technology Pvt Ltd, New Delhi

ITA 9287/DEL/2019[2012-13]Status: DisposedITAT Delhi18 Mar 2021AY 2012-13

Bench: Shri Amit Shukla & Shri Prashant Maharishi

…IT V Lovely Exports Chandrashekhar V ACIT [2008] 216 CTR 195 (SC) 66 TTJ 355 (ITAT • ITO V Neelkanth Finbuild Bangalore) • Ltd. ITA No. 2821/ Del/ CIT V united 2009 Commercial and • ITO V NC Cables Ltd. ITA Industrial Company Pvt. No. 4122/Del/2009, ITAT Ltd. 187 ITR 596 (Cal.) • Delhi CIT V Durga Prasad • CIT V Expo Globe India Ltd More (1971) 82 ITR 540 [2014] 51 taxmann.com (SC) • 208 (Delhi HC) ITO V K. Jayaraman (Mad.) (1987) 168 ITR Differentiated Roshan Di Hatti, 757 Mittal Belting and Machinery Stores, Sophia Finance Ltd, McDowell & Co Ltd.Nova Promoters, Azadi BachaoAndolan(SC), Vodafone iNternationa l H…

ITO Ward - 13(3), New Delhi vs. Jingle Bells Aluminium Pvt. Ltd., New Delhi

ITA 5527/DEL/2019[2012-13]Status: DisposedITAT Delhi18 Mar 2021AY 2012-13

Bench: Shri Amit Shukla & Shri Prashant Maharishi

…IT V Lovely Exports Chandrashekhar V ACIT [2008] 216 CTR 195 (SC) 66 TTJ 355 (ITAT • ITO V Neelkanth Finbuild Bangalore) • Ltd. ITA No. 2821/ Del/ CIT V united 2009 Commercial and • ITO V NC Cables Ltd. ITA Industrial Company Pvt. No. 4122/Del/2009, ITAT Ltd. 187 ITR 596 (Cal.) • Delhi CIT V Durga Prasad • CIT V Expo Globe India Ltd More (1971) 82 ITR 540 [2014] 51 taxmann.com (SC) • 208 (Delhi HC) ITO V K. Jayaraman (Mad.) (1987) 168 ITR Differentiated Roshan Di Hatti, 757 Mittal Belting and Machinery Stores, Sophia Finance Ltd, McDowell & Co Ltd.Nova Promoters, Azadi BachaoAndolan(SC), Vodafone iNternationa l H…

Jingle Bells Aluminium, New Delhi vs. ITO Ward - 13(3), New Delhi

ITA 5397/DEL/2019[2012-13]Status: DisposedITAT Delhi18 Mar 2021AY 2012-13

Bench: Shri Amit Shukla & Shri Prashant Maharishi

…IT V Lovely Exports Chandrashekhar V ACIT [2008] 216 CTR 195 (SC) 66 TTJ 355 (ITAT • ITO V Neelkanth Finbuild Bangalore) • Ltd. ITA No. 2821/ Del/ CIT V united 2009 Commercial and • ITO V NC Cables Ltd. ITA Industrial Company Pvt. No. 4122/Del/2009, ITAT Ltd. 187 ITR 596 (Cal.) • Delhi CIT V Durga Prasad • CIT V Expo Globe India Ltd More (1971) 82 ITR 540 [2014] 51 taxmann.com (SC) • 208 (Delhi HC) ITO V K. Jayaraman (Mad.) (1987) 168 ITR Differentiated Roshan Di Hatti, 757 Mittal Belting and Machinery Stores, Sophia Finance Ltd, McDowell & Co Ltd.Nova Promoters, Azadi BachaoAndolan(SC), Vodafone iNternationa l H…

Kasper Information Technology P.Ltd, New Delhi vs. ITO, Ward-14(2), New Delhi

ITA 510/DEL/2019[2013-14]Status: DisposedITAT Delhi18 Mar 2021AY 2013-14

Bench: Shri Amit Shukla & Shri Prashant Maharishi

…IT V Lovely Exports Chandrashekhar V ACIT [2008] 216 CTR 195 (SC) 66 TTJ 355 (ITAT • ITO V Neelkanth Finbuild Bangalore) • Ltd. ITA No. 2821/ Del/ CIT V united 2009 Commercial and • ITO V NC Cables Ltd. ITA Industrial Company Pvt. No. 4122/Del/2009, ITAT Ltd. 187 ITR 596 (Cal.) • Delhi CIT V Durga Prasad • CIT V Expo Globe India Ltd More (1971) 82 ITR 540 [2014] 51 taxmann.com (SC) • 208 (Delhi HC) ITO V K. Jayaraman (Mad.) (1987) 168 ITR Differentiated Roshan Di Hatti, 757 Mittal Belting and Machinery Stores, Sophia Finance Ltd, McDowell & Co Ltd.Nova Promoters, Azadi BachaoAndolan(SC), Vodafone iNternationa l H…

Landsky Real Estates P.Ltd, New Delhi vs. ITO, Ward-15(1), New Delhi

ITA 509/DEL/2019[2013-14]Status: DisposedITAT Delhi18 Mar 2021AY 2013-14

Bench: Shri Amit Shukla & Shri Prashant Maharishi

…IT V Lovely Exports Chandrashekhar V ACIT [2008] 216 CTR 195 (SC) 66 TTJ 355 (ITAT • ITO V Neelkanth Finbuild Bangalore) • Ltd. ITA No. 2821/ Del/ CIT V united 2009 Commercial and • ITO V NC Cables Ltd. ITA Industrial Company Pvt. No. 4122/Del/2009, ITAT Ltd. 187 ITR 596 (Cal.) • Delhi CIT V Durga Prasad • CIT V Expo Globe India Ltd More (1971) 82 ITR 540 [2014] 51 taxmann.com (SC) • 208 (Delhi HC) ITO V K. Jayaraman (Mad.) (1987) 168 ITR Differentiated Roshan Di Hatti, 757 Mittal Belting and Machinery Stores, Sophia Finance Ltd, McDowell & Co Ltd.Nova Promoters, Azadi BachaoAndolan(SC), Vodafone iNternationa l H…

ITO, Ward-7(1), New Delhi vs. Delight Resorts P.Ltd, Ghaziabad

ITA 6401/DEL/2017[2014-15]Status: DisposedITAT Delhi18 Mar 2021AY 2014-15

Bench: Shri Amit Shukla & Shri Prashant Maharishi

…IT V Lovely Exports Chandrashekhar V ACIT [2008] 216 CTR 195 (SC) 66 TTJ 355 (ITAT • ITO V Neelkanth Finbuild Bangalore) • Ltd. ITA No. 2821/ Del/ CIT V united 2009 Commercial and • ITO V NC Cables Ltd. ITA Industrial Company Pvt. No. 4122/Del/2009, ITAT Ltd. 187 ITR 596 (Cal.) • Delhi CIT V Durga Prasad • CIT V Expo Globe India Ltd More (1971) 82 ITR 540 [2014] 51 taxmann.com (SC) • 208 (Delhi HC) ITO V K. Jayaraman (Mad.) (1987) 168 ITR Differentiated Roshan Di Hatti, 757 Mittal Belting and Machinery Stores, Sophia Finance Ltd, McDowell & Co Ltd.Nova Promoters, Azadi BachaoAndolan(SC), Vodafone iNternationa l H…

ITO, Ward-7(1), New Delhi vs. Delight Resorts P.Ltd, New Delhi

ITA 5974/DEL/2017[2012-13]Status: DisposedITAT Delhi18 Mar 2021AY 2012-13

Bench: Shri Amit Shukla & Shri Prashant Maharishi

…IT V Lovely Exports Chandrashekhar V ACIT [2008] 216 CTR 195 (SC) 66 TTJ 355 (ITAT • ITO V Neelkanth Finbuild Bangalore) • Ltd. ITA No. 2821/ Del/ CIT V united 2009 Commercial and • ITO V NC Cables Ltd. ITA Industrial Company Pvt. No. 4122/Del/2009, ITAT Ltd. 187 ITR 596 (Cal.) • Delhi CIT V Durga Prasad • CIT V Expo Globe India Ltd More (1971) 82 ITR 540 [2014] 51 taxmann.com (SC) • 208 (Delhi HC) ITO V K. Jayaraman (Mad.) (1987) 168 ITR Differentiated Roshan Di Hatti, 757 Mittal Belting and Machinery Stores, Sophia Finance Ltd, McDowell & Co Ltd.Nova Promoters, Azadi BachaoAndolan(SC), Vodafone iNternationa l H…

M/S Globus Real Infra Pvt. Ltd., New Delhi vs. DCIT, New Delhi

ITA 2920/DEL/2017[2013-14]Status: DisposedITAT Delhi18 Mar 2021AY 2013-14

Bench: Shri Amit Shukla & Shri Prashant Maharishi

…IT V Lovely Exports Chandrashekhar V ACIT [2008] 216 CTR 195 (SC) 66 TTJ 355 (ITAT • ITO V Neelkanth Finbuild Bangalore) • Ltd. ITA No. 2821/ Del/ CIT V united 2009 Commercial and • ITO V NC Cables Ltd. ITA Industrial Company Pvt. No. 4122/Del/2009, ITAT Ltd. 187 ITR 596 (Cal.) • Delhi CIT V Durga Prasad • CIT V Expo Globe India Ltd More (1971) 82 ITR 540 [2014] 51 taxmann.com (SC) • 208 (Delhi HC) ITO V K. Jayaraman (Mad.) (1987) 168 ITR Differentiated Roshan Di Hatti, 757 Mittal Belting and Machinery Stores, Sophia Finance Ltd, McDowell & Co Ltd.Nova Promoters, Azadi BachaoAndolan(SC), Vodafone iNternationa l H…

ACIT, New Delhi vs. M/S. Star Light Consumer Electronics Pvt. Ltd., New Delhi

ITA 6070/DEL/2016[2012-13]Status: DisposedITAT Delhi18 Mar 2021AY 2012-13

Bench: Shri Amit Shukla & Shri Prashant Maharishi

…IT V Lovely Exports Chandrashekhar V ACIT [2008] 216 CTR 195 (SC) 66 TTJ 355 (ITAT • ITO V Neelkanth Finbuild Bangalore) • Ltd. ITA No. 2821/ Del/ CIT V united 2009 Commercial and • ITO V NC Cables Ltd. ITA Industrial Company Pvt. No. 4122/Del/2009, ITAT Ltd. 187 ITR 596 (Cal.) • Delhi CIT V Durga Prasad • CIT V Expo Globe India Ltd More (1971) 82 ITR 540 [2014] 51 taxmann.com (SC) • 208 (Delhi HC) ITO V K. Jayaraman (Mad.) (1987) 168 ITR Differentiated Roshan Di Hatti, 757 Mittal Belting and Machinery Stores, Sophia Finance Ltd, McDowell & Co Ltd.Nova Promoters, Azadi BachaoAndolan(SC), Vodafone iNternationa l H…

ACIT, New Delhi vs. M/S. Superstar Agency Pvt. Ltd., New Delhi

ITA 5832/DEL/2016[2012-13]Status: DisposedITAT Delhi18 Mar 2021AY 2012-13

Bench: Shri Amit Shukla & Shri Prashant Maharishi

…IT V Lovely Exports Chandrashekhar V ACIT [2008] 216 CTR 195 (SC) 66 TTJ 355 (ITAT • ITO V Neelkanth Finbuild Bangalore) • Ltd. ITA No. 2821/ Del/ CIT V united 2009 Commercial and • ITO V NC Cables Ltd. ITA Industrial Company Pvt. No. 4122/Del/2009, ITAT Ltd. 187 ITR 596 (Cal.) • Delhi CIT V Durga Prasad • CIT V Expo Globe India Ltd More (1971) 82 ITR 540 [2014] 51 taxmann.com (SC) • 208 (Delhi HC) ITO V K. Jayaraman (Mad.) (1987) 168 ITR Differentiated Roshan Di Hatti, 757 Mittal Belting and Machinery Stores, Sophia Finance Ltd, McDowell & Co Ltd.Nova Promoters, Azadi BachaoAndolan(SC), Vodafone iNternationa l H…

ACIT, New Delhi vs. M/S. Sur Buildcon Pvt. Ltd., New Delhi

ITA 5831/DEL/2016[2012-13]Status: DisposedITAT Delhi18 Mar 2021AY 2012-13

Bench: Shri Amit Shukla & Shri Prashant Maharishi

…IT V Lovely Exports Chandrashekhar V ACIT [2008] 216 CTR 195 (SC) 66 TTJ 355 (ITAT • ITO V Neelkanth Finbuild Bangalore) • Ltd. ITA No. 2821/ Del/ CIT V united 2009 Commercial and • ITO V NC Cables Ltd. ITA Industrial Company Pvt. No. 4122/Del/2009, ITAT Ltd. 187 ITR 596 (Cal.) • Delhi CIT V Durga Prasad • CIT V Expo Globe India Ltd More (1971) 82 ITR 540 [2014] 51 taxmann.com (SC) • 208 (Delhi HC) ITO V K. Jayaraman (Mad.) (1987) 168 ITR Differentiated Roshan Di Hatti, 757 Mittal Belting and Machinery Stores, Sophia Finance Ltd, McDowell & Co Ltd.Nova Promoters, Azadi BachaoAndolan(SC), Vodafone iNternationa l H…

ITO, New Delhi vs. M/S Stylish Construction Pvt. Ltd., New Delhi

ITA 5744/DEL/2016[2012-13]Status: DisposedITAT Delhi18 Mar 2021AY 2012-13

Bench: Shri Amit Shukla & Shri Prashant Maharishi

…IT V Lovely Exports Chandrashekhar V ACIT [2008] 216 CTR 195 (SC) 66 TTJ 355 (ITAT • ITO V Neelkanth Finbuild Bangalore) • Ltd. ITA No. 2821/ Del/ CIT V united 2009 Commercial and • ITO V NC Cables Ltd. ITA Industrial Company Pvt. No. 4122/Del/2009, ITAT Ltd. 187 ITR 596 (Cal.) • Delhi CIT V Durga Prasad • CIT V Expo Globe India Ltd More (1971) 82 ITR 540 [2014] 51 taxmann.com (SC) • 208 (Delhi HC) ITO V K. Jayaraman (Mad.) (1987) 168 ITR Differentiated Roshan Di Hatti, 757 Mittal Belting and Machinery Stores, Sophia Finance Ltd, McDowell & Co Ltd.Nova Promoters, Azadi BachaoAndolan(SC), Vodafone iNternationa l H…

ITO, New Delhi vs. M/S. Sukhna Real Estate Pvt. Ltd., Ghaziabad

ITA 5742/DEL/2016[2012-13]Status: DisposedITAT Delhi18 Mar 2021AY 2012-13

Bench: Shri Amit Shukla & Shri Prashant Maharishi

…IT V Lovely Exports Chandrashekhar V ACIT [2008] 216 CTR 195 (SC) 66 TTJ 355 (ITAT • ITO V Neelkanth Finbuild Bangalore) • Ltd. ITA No. 2821/ Del/ CIT V united 2009 Commercial and • ITO V NC Cables Ltd. ITA Industrial Company Pvt. No. 4122/Del/2009, ITAT Ltd. 187 ITR 596 (Cal.) • Delhi CIT V Durga Prasad • CIT V Expo Globe India Ltd More (1971) 82 ITR 540 [2014] 51 taxmann.com (SC) • 208 (Delhi HC) ITO V K. Jayaraman (Mad.) (1987) 168 ITR Differentiated Roshan Di Hatti, 757 Mittal Belting and Machinery Stores, Sophia Finance Ltd, McDowell & Co Ltd.Nova Promoters, Azadi BachaoAndolan(SC), Vodafone iNternationa l H…

ITO, New Delhi vs. M/S. Sukhna Steel Pvt. Ltd., New Delhi

ITA 5741/DEL/2016[2012-13]Status: DisposedITAT Delhi18 Mar 2021AY 2012-13

Bench: Shri Amit Shukla & Shri Prashant Maharishi

…IT V Lovely Exports Chandrashekhar V ACIT [2008] 216 CTR 195 (SC) 66 TTJ 355 (ITAT • ITO V Neelkanth Finbuild Bangalore) • Ltd. ITA No. 2821/ Del/ CIT V united 2009 Commercial and • ITO V NC Cables Ltd. ITA Industrial Company Pvt. No. 4122/Del/2009, ITAT Ltd. 187 ITR 596 (Cal.) • Delhi CIT V Durga Prasad • CIT V Expo Globe India Ltd More (1971) 82 ITR 540 [2014] 51 taxmann.com (SC) • 208 (Delhi HC) ITO V K. Jayaraman (Mad.) (1987) 168 ITR Differentiated Roshan Di Hatti, 757 Mittal Belting and Machinery Stores, Sophia Finance Ltd, McDowell & Co Ltd.Nova Promoters, Azadi BachaoAndolan(SC), Vodafone iNternationa l H…

ITO, New Delhi vs. M/S. Sunlight Tour and Travels Pvt. Ltd., Sahibabad

ITA 5740/DEL/2016[2012-13]Status: DisposedITAT Delhi18 Mar 2021AY 2012-13

Bench: Shri Amit Shukla & Shri Prashant Maharishi

…IT V Lovely Exports Chandrashekhar V ACIT [2008] 216 CTR 195 (SC) 66 TTJ 355 (ITAT • ITO V Neelkanth Finbuild Bangalore) • Ltd. ITA No. 2821/ Del/ CIT V united 2009 Commercial and • ITO V NC Cables Ltd. ITA Industrial Company Pvt. No. 4122/Del/2009, ITAT Ltd. 187 ITR 596 (Cal.) • Delhi CIT V Durga Prasad • CIT V Expo Globe India Ltd More (1971) 82 ITR 540 [2014] 51 taxmann.com (SC) • 208 (Delhi HC) ITO V K. Jayaraman (Mad.) (1987) 168 ITR Differentiated Roshan Di Hatti, 757 Mittal Belting and Machinery Stores, Sophia Finance Ltd, McDowell & Co Ltd.Nova Promoters, Azadi BachaoAndolan(SC), Vodafone iNternationa l H…

ITO, New Delhi vs. M/S. Sintex Consumers Electronics Pvt. Ltd., Delhi

ITA 5736/DEL/2016[2012-13]Status: DisposedITAT Delhi18 Mar 2021AY 2012-13

Bench: Shri Amit Shukla & Shri Prashant Maharishi

…IT V Lovely Exports Chandrashekhar V ACIT [2008] 216 CTR 195 (SC) 66 TTJ 355 (ITAT • ITO V Neelkanth Finbuild Bangalore) • Ltd. ITA No. 2821/ Del/ CIT V united 2009 Commercial and • ITO V NC Cables Ltd. ITA Industrial Company Pvt. No. 4122/Del/2009, ITAT Ltd. 187 ITR 596 (Cal.) • Delhi CIT V Durga Prasad • CIT V Expo Globe India Ltd More (1971) 82 ITR 540 [2014] 51 taxmann.com (SC) • 208 (Delhi HC) ITO V K. Jayaraman (Mad.) (1987) 168 ITR Differentiated Roshan Di Hatti, 757 Mittal Belting and Machinery Stores, Sophia Finance Ltd, McDowell & Co Ltd.Nova Promoters, Azadi BachaoAndolan(SC), Vodafone iNternationa l H…

ITO, New Delhi vs. M/S. Supreme Placement Services Pvt. Ltd., New Delhi

ITA 5650/DEL/2016[2012-13]Status: DisposedITAT Delhi18 Mar 2021AY 2012-13

Bench: Shri Amit Shukla & Shri Prashant Maharishi

…IT V Lovely Exports Chandrashekhar V ACIT [2008] 216 CTR 195 (SC) 66 TTJ 355 (ITAT • ITO V Neelkanth Finbuild Bangalore) • Ltd. ITA No. 2821/ Del/ CIT V united 2009 Commercial and • ITO V NC Cables Ltd. ITA Industrial Company Pvt. No. 4122/Del/2009, ITAT Ltd. 187 ITR 596 (Cal.) • Delhi CIT V Durga Prasad • CIT V Expo Globe India Ltd More (1971) 82 ITR 540 [2014] 51 taxmann.com (SC) • 208 (Delhi HC) ITO V K. Jayaraman (Mad.) (1987) 168 ITR Differentiated Roshan Di Hatti, 757 Mittal Belting and Machinery Stores, Sophia Finance Ltd, McDowell & Co Ltd.Nova Promoters, Azadi BachaoAndolan(SC), Vodafone iNternationa l H…

ITO, New Delhi vs. M/S Angel Cement Pvt. Ltd., Ghaziabad

ITA 4691/DEL/2016[2012-13]Status: DisposedITAT Delhi18 Mar 2021AY 2012-13

Bench: Shri Amit Shukla & Shri Prashant Maharishi

…IT V Lovely Exports Chandrashekhar V ACIT [2008] 216 CTR 195 (SC) 66 TTJ 355 (ITAT • ITO V Neelkanth Finbuild Bangalore) • Ltd. ITA No. 2821/ Del/ CIT V united 2009 Commercial and • ITO V NC Cables Ltd. ITA Industrial Company Pvt. No. 4122/Del/2009, ITAT Ltd. 187 ITR 596 (Cal.) • Delhi CIT V Durga Prasad • CIT V Expo Globe India Ltd More (1971) 82 ITR 540 [2014] 51 taxmann.com (SC) • 208 (Delhi HC) ITO V K. Jayaraman (Mad.) (1987) 168 ITR Differentiated Roshan Di Hatti, 757 Mittal Belting and Machinery Stores, Sophia Finance Ltd, McDowell & Co Ltd.Nova Promoters, Azadi BachaoAndolan(SC), Vodafone iNternationa l H…

Khetan Twist Net P.Ltd, Mumbai vs. ITO 12(3)(2), Mumbai

In the result, the appeal is partly allowed

ITA 3031/MUM/2017[2007-08]Status: DisposedITAT Mumbai23 Nov 2020AY 2007-08

Bench: Shri Saktijit Dey () & Shri N.K. Pradhan () Assessment Year: 2007-08

For Appellant: Smt. Arati Vissanji, ARFor Respondent: Shri Sunil Deshpande, DR
Section 132Section 132(4)Section 143(1)Section 143(3)Section 148

…money ; and iii. the genuineness of the transaction After the assessee has adduced evidence to establish prima facie the aforesaid, the onus shifts to the Department as held in Shankar Ind v. CIT 114 ITR 689; Prakash Textile v. CIT 121 ITR 890; CIT v. United 187 ITR 596; Rajshree v. CIT 256 ITR 331; Ashokpal v. CIT 220 ITR 452, 454; CIT v. Metachem 245 ITR 160; CIT v. Shree Gopal 204 ITR 285. In the instant case, the onus clearly shifted to the AO. There was enough material before the AO in the shape of loan confirmation, ledger account, bank account statement to make further inquiry/verification in the above ma…

Mr.Hitendra Chunilal Shah, Mumbai vs. ITO Ward 19(1)(5), Mumbai

In the result, appeal filed by the assessee is allowed

ITA 4602/MUM/2018[2007-08]Status: DisposedITAT Mumbai17 Sept 2020AY 2007-08

Bench: Shri C.N. Prasad () & Shri N.K. Pradhan () Assessment Year: 2007-08

For Appellant: Shri Nishit Gandhi (AR)For Respondent: Shri Bhoopathi (DR)
Section 133(6)Section 142(1)Section 143(3)Section 147Section 68

…rify the claim of the assessee. After the assessee has adduced evidence to establish prima-facie the above, the onus shifts to the department is amply clarified by the decision in Shankar Ind v CIT 114 ITR 689; Prakash Textile v CIT 121 ITR 890; CIT v United 187 ITR 596; Rajshree v CIT 256 ITR 331; Ashokpal v CIT 220 ITR 452; 454; CIT v Metachem 245 ITR 160; CIT v Shree Gopal 204 ITR 285. In the instant case, the assessee has adduced evidence to establish prima-facie the loan of Rs.5,00,000/-. The onus shifted to the department. The AO, instead of making enquiry / verification has made the above additions. 6 Sh…