PRINCIPAL COMMISSIONER OF INCOME TAX-5, KOLKATA vs. SHRI MAHENDRA KUMAR PERIWAL
In the result, these appeals are allowed and the substantial
ITAT/136/2021HC Calcutta14 Jun 2022
Bench: HON'BLE JUSTICE T. S. SIVAGNANAM,HON'BLE JUSTICE HIRANMAY BHATTACHARYYA
disallowance as made by the
Commissioner is based on third party information said to have been
gathered by the alleged investigation and the same could not have been
relied upon without independent verification either by the assessing
officer/CIT. To support such contention reliance was placed on the decision
of the Hon’ble Supreme Court in Commissioner of Income Tax Versus
