Addition on account of commission out of accommodation business ...

Income Tax Addition Based on Unexamined Statement Deleted Due to Lack of Assessee's Cross-Examination Rights.

November 14, 2016

Case Laws Income Tax AT

Addition on account of commission out of accommodation business activities - the addition made on the basis of the statement collected at the back of the assessee and the right of cross examination was not provided to him - additions made deleted - AT

View Source

← Previous Next →

Addition on account of commission out of accommodation business ...

Income Tax Addition Based on Unexamined Statement Deleted Due to Lack of Assessee's Cross-Examination Rights.

November 14, 2016

Case Laws Income Tax AT

You may also like:

Addition made u/s 69C of the Income Tax Act for alleged cash payments based on a WhatsApp message and statement of a third party. The key points are: The WhatsApp...

The Appellate Tribunal considered the legality of additions based on a diary seized from a third party. The Tribunal held that the presumption u/s 132(4A) of the Act...

The court held that the income tax department failed to properly investigate and cross-examine the crucial witness, Mr. Thangasamy, whose statement supported the...

HC held that additions to income under block assessment can be made based on statements recorded u/s 132(4) and seized materials. The appellant's argument attributing...

The assessee's investment in film financing business was examined based on seized documents and statements recorded during the search operation. The explanation that the...

Addition u/s 68 cannot be made solely based on sworn statement recorded u/s 132(4) without corroborative materials. Onus lies on the Department to collect cogent...

The ITAT partially allowed the assessee's appeal, directing deletion of several additions and modifications to income calculations. Key outcomes include: (1) commission...

The Income Tax Appellate Tribunal (ITAT) dismissed the Revenue's appeal against the assessee company. The assessee had furnished all relevant documents and evidence to...

The Tribunal held that based on the financial parameters and risk profile, the assessee qualifies as a developer rather than merely a contractor u/s 80IA of the Income...

Addition u/s 68 - disclosure made by the assessee on the basis of documents impounded during the course of survey proceedings - The Tribunal deleted the addition holding...

The assessee's contentions were upheld by the Tribunal regarding various additions made by the Assessing Officer. The Tribunal ruled that the RTGS transfer from the...

The Department initiated the case based on income tax documents, which were public documents, and the presumption is on their truthfulness. The difference in value based...

Addition on the basis of declaration made by assessee during a search action u/s 132 - The ITAT found no merit in the revenue's arguments, noting that the addition was...

Legality of the addition made by the Assessing Officer (AO) regarding the gain on sale of agricultural land, based on the alleged understatement of consideration paid....

Reassessment proceedings initiated u/s 147 were quashed by ITAT for violation of principles of natural justice due to lack of opportunity for cross-examination of...

Quick Updates: