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2017 (3) TMI 1656 - AT - Income TaxEstimating the gross profit @ 12.5% of the unproved purchases - Held that:- As relying on case of Imperial Imp & Exp.[2016 (3) TMI 1095 - ITAT MUMBAI] AO was not justified in making additions merely on the basis of information obtained from the Sales Tax Department of the Government of Maharashtra without conducting any independent enquiries. Before the CIT(Appeals), one of the points raised by the assessee was with respect to an opportunity to cross examine the parties, but we find that no such opportunity have been allowed. Considering all addition to made by the Assessing Officer is to be set aside - Decided in favour of assessee.
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