Addition Set Aside for Lack of Cross-Examination Opportunity

Preeti Milan Sankhala Vs ITO (ITAT Pune)

Addition Based on Third-Party Statement Set Aside; Matter Restored for Cross-Examination and Legal Adjudication: ITAT Pune

Summary: The Pune Bench (SMC) of the Income Tax Appellate Tribunal (ITAT) allowed the assessee’s appeal for AY 2017-18 for statistical purposes and set aside the NFAC order confirming an addition of ₹15 lakh towards alleged unexplained investment in purchase of a flat.

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