Addition can’t be sustained in absence of cross examination of witness

Brief of the case

In the case of Asst Shri Ashokkumar Bhailal v Income Tax Officer, ITAT Ahmedabad has held that addition made on basis of witness statements, without giving assessee an opportunity to cross examine the witness and without collaborating other independent evidence is not sustainable in law.

 Facts of the case

1. On first of July, 1995, FERA Authorities (Foreign Exchange Regulation Authorities)

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