Evasion of tax on huge cash transaction

Querist : Anonymous (Querist) 25 May 2011 This query is : Resolved
My friend has framed me in fraud case u/s138.
To cut story short I am mentioning points related to Taxation only:

He has claimed that he had given me a cash loan of Rs 14 Lakhs with the intent of earning an income of 3% per month. He says I gave him accordingly Rs42,000/- per month for 1 year.(july 2006-aug 2007)

After one year I approached him again for more money- This time he sold off all his wife's jewellery and handed me again Rs 14 Lakhs and earned interest for another 3 months i.e. Rs 84,000/-

Fact is that no transactions
My question is apart from the steps i am taking to prove that this case is totally false.
How can I NAIL him under taxations part?
Should I approach the IT dept? Although everything here is false but they have stated all this in their complaint. So will it be considered as fact (by ITO dept) since they have claimed in their complaint.
how can I do it safely??

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M/s. Y-not legal services (Expert) 25 May 2011
You have a good case. Just appoint an advocate and face his case before court of law..

Querist : Anonymous (Querist) 07 June 2011
I need more replies

Querist : Anonymous (Querist) 16 June 2011
any more answers?

Querist : Anonymous (Querist) 18 June 2011
opposite party has not filed IT returns for past 6 years.what is the procedure to get IT returns of opposite party? how can it be considered valid? can it be done through RTI?