SMT.K.B.SONY,COCHIN vs. THE DCIT, COCHIN

In the result, i) The appeal of the assessee in ITA No

Bench: S/Shri Chandra Poojari, Am & George George K., Jm

282 ITR 259) and confirmed by the Supreme Court in the case of CIT vs. P.V. Kalyanasundaram (2007) (294 ITR 49), third party statement cannot be considered as evidence so as to confirm the addition in the hands of the assessee unless there is corroborative material. In view of this, we are of the opinion that the addition made towards

THE ACIT, KOLLAM vs. SRI.P.SUNILKUMAR, KOLLAM

In the result, the appeals of the Revenue as well as the Cross

Bench: S/Shri Chandra Poojari, Am & George George K., Jm