Addition U/s 69 for Alleged On-Money Deleted – Third-Party Statements & Pen-Drive Data Without Cross-Examination Held Invalid – ITAT Mumbai

Jalaram Tararam Purohit Vs ACIT (ITAT Mumbai)

Addition u/s 69 for Alleged On-Money Deleted – Third Party Statements & Pen-Drive Data Without Cross Examination Not Valid Evidence – ITAT Mumbai

AO made addition u/s 69 alleging cash “on-money” payment for shop purchase based on statements of builder group employees and excel/pen-drive data found during search in third party premises. Assessee denied any cash payment and contended that entire consideration

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