https://www.taxtmi.com/caselaws?id=253949 The Tribunal upheld the assumption of jurisdiction under Section 147 of the Income Tax Act but deleted the additions made under Section 69 for Assessment Years 2001-02 and 2002-03. The additions were deemed to lack concrete evidence and were invalidated due to the failure to provide an opportunity for cross-examination. As a result, the appeal was partly allowed. en-us Tue, 02 Dec 2014 00:00:00 +0530 Mon, 08 Dec 2014 21:16:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=253949 The Tribunal upheld the assumption of jurisdiction under Section 147 of the Income Tax Act but deleted the additions made under Section 69 for Assessment Years 2001-02 and 2002-03. The additions were deemed to lack concrete evidence and were invalidated due to the failure to provide an opportunity for cross-examination. As a result, the appeal was partly allowed. Case-Laws Income Tax Tue, 02 Dec 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=253949