Addition u/s. 69 based on information received from Australian ...
Income Tax Addition u/s 69 Deemed Unsustainable Due to Lack of Evidence and Non-Disclosure of Foreign Information.
May 29, 2021
Case Laws Income Tax AT
Addition u/s. 69 based on information received from Australian Tax authorities - There is absolutely no other material in the hand of the A.O. of proving the addition in the hands of the assessee. Despite the assessee’s request, the copy of information received from Australian tax Authority has not been given to the assessee. - the addition made, which is based upon the information from a foreign source, without confronting the same to the assessee and without any corroborative material is not at all sustainable. - AT
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