Forgot password
New User/ Regiser
⇒ Register to get Live Demo
1997 (6) TMI 51 - ITAT DELHI-D
Extract:
.......advanced the money to Shri Murlidhar, who in turn, gave the loan to the assessee. The addition made on the said basis without examination of the parties in question, giving a right of cross-examination to the assessee, cannot, therefore, be sustained. The said addition of Rs. 2,50,000 is, therefore, deleted. 7. In the result, the appeal is allowed.