2019 (12) TMI 1193 - ITAT DELHI - Income Tax

Head Note / Extract:
Assessment u/s 153A - unexplained expenditure u/s 69C - HELD THAT:- Addition made by the Assessing Officer based on the entries in the books found, belonging to and seized at the premises of the third party, in the absence of cross examination of such party based on which the addition has been made cannot be held to be sustainable in the eyes of the law. - Decided in favour of assessee.