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Facts
The assessee appealed against the CIT(A)'s orders for AY 2019-20 and 2020-21, concerning additions made due to alleged cash payments for shop purchases. These additions were based on evidence found during a search and seizure operation on the Rubberwala group.
Held
The Tribunal found the additions unsustainable as they relied solely on third-party statements and documents without independent corroboration. The failure to provide the assessee with an opportunity to cross-examine the relevant parties constituted a breach of natural justice principles.
Key Issues
Validity of additions based on third-party evidence without cross-examination and corroboration; breach of natural justice.
Sections Cited
153C, 147, 148, 69, 115BBE, 132(4), 69B, 65B
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Income Tax Appellate Tribunal, F BENCH MUMBAI
Before: HON’BLE SHRI SANDEEP GOSAIN& HON’BLE SHRI BIJAYANANDA PRUSETH
आदेश की �ितिलिप अ�ेिषत/Copy of the Order forwarded to : अपीलाथ� / The Appellant 1. ��थ� / The Respondent. 2. संबंिधत आयकर आयु� / The CIT(A) 3. आयकर आयु�(अपील) / Concerned CIT 4. िवभागीय �ितिनिध, आयकर अपीलीय अिधकरण,मु�बई/ DR, ITAT, Mumbai 5. गाड� फाईल / Guard file. 6.
आदेशानुसार/BY ORDER, स�ािपत �ित //True Copy//
उप/सहायक पंजीकार ( Asst. Registrar) आयकर अपीलीय अिधकरण, मु�बई मु�बई / ITAT, Mumbai मु�बई मु�बई