Arrest safeguards require disclosed grounds, relative intimation and transit remand, while duplicate prosecution under the CGST framework is unsustain...
Document Identification Number defects can invalidate GST assessments, with delayed challenges entertained conditionally where patent irregularities e...
Windmill commissioning evidence supported higher depreciation where grid connection and electricity generation proved operational use before the relev...
Pharmaceutical promotion and transfer-pricing comparability principles limited disallowances, while uncorroborated search allegations and unsupported ...
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Addition u/s 69A - cash loans given by the assessee as unexplained - decoding of the entries in the seized materials - The tribunal found that the assessing officer's reliance on statements recorded during the search was insufficient to justify the addition under section 69A. They emphasized that the assessing officer did not entertain the appellant's request for cross-examination, and the retracted statements raised doubts about their reliability. Additionally, the tribunal noted discrepancies in the interpretation of entries and the lack of concrete evidence connecting the appellant to the transactions. Therefore, they deemed the addition unjustified and deleted it.
Addition u/s 69A - cash loans given by the assessee as unexplained - decoding of the entries in the seized materials - The tribunal found that the assessing officer's reliance on statements recorded during the search was insufficient to justify the addition under section 69A. They emphasized that the assessing officer did not entertain the appellant's request for cross-examination, and the retracted statements raised doubts about their reliability. Additionally, the tribunal noted discrepancies in the interpretation of entries and the lack of concrete evidence connecting the appellant to the transactions. Therefore, they deemed the addition unjustified and deleted it.
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