Centralised assessment transfers after searches coordinate connected investigations without finally determining the assessee's tax liability or assess...
Unsigned third-party records cannot establish on-money payments without corroboration and cross-examination, requiring deletion of the related additio...
Unsigned third-party excel sheets and ledger material, lacking...
Unsigned third-party records cannot establish on-money payments without corroboration and cross-examination, requiring deletion of the related addition.
Contents
Summary
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
Unsigned third-party excel sheets and ledger material, lacking purchaser or seller signatures and independent corroboration, cannot by themselves establish an alleged on-money payment for a commercial unit. Reliance on such material without allowing cross-examination of the third party breaches principles of natural justice. No change in facts or law, and no contrary material from Revenue, warranted departure from the coordinate decision; the addition for alleged on-money payment was deleted and the appeal allowed.
Unsigned third-party excel sheets and ledger material, lacking purchaser or seller signatures and independent corroboration, cannot by themselves establish an alleged on-money payment for a commercial unit. Reliance on such material without allowing cross-examination of the third party breaches principles of natural justice. No change in facts or law, and no contrary material from Revenue, warranted departure from the coordinate decision; the addition for alleged on-money payment was deleted and the appeal allowed.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
