Additions Made Without Giving Copy of Statement of Witness & Cross Examination not Valid

ACIT Vs Jain Jewellery (ITAT Delhi)

In the case of Jain Jewellery vs. ACIT,  ITA No. 4571/DEL/2017 (AY 2012-13) additions were made on the basis of statements of third parties regarding bogus purchases. Total amount of purchases was Rs. 20495150/-. Additions restricted to 25%  by CIT(A).  On appeal before ITAT entire additions were deleted due to the reason that department never confronted statement of its witnesses to assessee nor cross examination was given. The said case law is reproduced below :

FULL TEXT OF THE

Please become a Premium member. If you are already a Premium member, login here to access the full content.