https://www.taxtmi.com/caselaws?id=260022 The Tribunal upheld the AO's jurisdiction to initiate proceedings under Section 153C based on seized documents. The addition of Rs. 32,00,000 as unexplained credits was challenged by the Assessee due to lack of cross-examination opportunity. The CIT(A) deleted the addition, citing procedural flaws. The Tribunal set aside the deletion, remanding the issue for the AO to provide the Assessee with the statement and cross-examination opportunity. The Revenue's appeals were allowed for statistical purposes, emphasizing adherence to principles of natural justice. en-us Fri, 17 Apr 2015 00:00:00 +0530 Fri, 29 May 2015 06:04:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=260022 The Tribunal upheld the AO's jurisdiction to initiate proceedings under Section 153C based on seized documents. The addition of Rs. 32,00,000 as unexplained credits was challenged by the Assessee due to lack of cross-examination opportunity. The CIT(A) deleted the addition, citing procedural flaws. The Tribunal set aside the deletion, remanding the issue for the AO to provide the Assessee with the statement and cross-examination opportunity. The Revenue's appeals were allowed for statistical purposes, emphasizing adherence to principles of natural justice. Case-Laws Income Tax Fri, 17 Apr 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=260022