ITAT Orders Fresh Adjudication: Section 68 Addition without allowing cross-examination

Advertisement Shiv Charan Vs ITO (ITAT Delhi) The Income Tax Appellate Tribunal (ITAT) in Delhi recently pronounced a decision in the case of Shiv Charan Vs ITO that could serve as a significant reference for procedural fairness in income tax adjudication. The case brings to light the importance of Section 68 of the Income Tax Act and emphasizes the necessity for the Assessing Officer (AO) to give the assessee an opportunity for cross-examination, particularly when third-party statements are involved. This article delves into the details of the case, highlighting key issues and implications...