Granting opportunity to cross examine essential as addition based on 3rd party statement: ITAT Bangalore

Smt. Rekha Ganesh Vs ACIT (ITAT Bangalore)

ITAT Bangalore held that granting an opportunity to cross examine essential when addition is made on the basis of 3^rd party statements. Non-granting any opportunity of cross examination violates the principle of natural which vitiates the validity of addition.

Facts- Based on the search conducted in the case of the Nirav Modi Jewellery Store and excel sheet found thereof, AO treated Rs. 5.73 crore as unexplained income of the assessee u/s. 69A of the Income Tax Act and added to the total income of the ass

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