You just need abit of client-side javascript (change the bit in red to the name of your form):
Code:
function toggleTextBox(bChecked, oTextBox)
{
if (bChecked)
oTextBox.style.display = "block";
else
oTextBox.style.display = "none";
}
...
<INPUT type="checkbox" id="PI" name="PI" onclick="toggleTextBox(this.checked, document.frmCheck.PIU);">
<INPUT type="text" name="PIU" id="PIU" value="" style="display:none;">
...