ITAT Deletes Additions Based on Third-Party Digital Data Due to Lack of Evidence

Homelife Buildcon Private Limited Vs DCIT (ITAT Chandigarh)

In the case of Homelife Buildcon Pvt. Ltd. vs DCIT, ITAT Chandigarh reviewed multiple additions made by the Assessing Officer (AO) based on documents, digital data, valuation reports, and statements recovered from third parties, including independent deed writers, brokers, and plot buyers. The tribunal found that these third parties were not employees, partners, or directors of the assessee and had no direct link to the company. Valuation reports obtained from plot buyers or private valuers were deemed legally invalid for

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