https://www.taxtmi.com/caselaws?id=279256 The Tribunal allowed the appeals filed by the assessee for both assessment years, directing the AO to delete the additions made under Section 68. The Tribunal emphasized the importance of providing opportunities for cross-examination and verifying documentary evidence before making additions. The disallowance of interest and the ad-hoc commission addition were dismissed as they were consequential to the main issue. The Tribunal's order reinforced the principles of natural justice and the proper application of Sections 68 and 69 of the Income Tax Act. en-us Mon, 05 Nov 2018 00:00:00 +0530 Sat, 09 Mar 2019 07:01:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=279256 The Tribunal allowed the appeals filed by the assessee for both assessment years, directing the AO to delete the additions made under Section 68. The Tribunal emphasized the importance of providing opportunities for cross-examination and verifying documentary evidence before making additions. The disallowance of interest and the ad-hoc commission addition were dismissed as they were consequential to the main issue. The Tribunal's order reinforced the principles of natural justice and the proper application of Sections 68 and 69 of the Income Tax Act. Case-Laws Income Tax Mon, 05 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=279256