https://www.taxtmi.com/caselaws?id=379811 The Tribunal allowed the assessee's appeals for AYs 2007-08 to 2013-14, holding that the AO could not make additions or disallowances under Section 153A without incriminating material. The Tribunal emphasized the necessity of cross-examination for statements from third parties and rejected additions based on such statements without cross-examination. Additions under Section 68 and disallowances under Section 40(a)(ia) were also held unsustainable in the absence of incriminating material. The Tribunal upheld the deletion of double disallowances of loss on sale of fixed assets. The Revenue's appeals were dismissed except for AY 2013-14, which was partly allowed for statistical purposes. en-us Wed, 01 May 2019 00:00:00 +0530 Mon, 10 Jun 2019 14:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=379811 The Tribunal allowed the assessee's appeals for AYs 2007-08 to 2013-14, holding that the AO could not make additions or disallowances under Section 153A without incriminating material. The Tribunal emphasized the necessity of cross-examination for statements from third parties and rejected additions based on such statements without cross-examination. Additions under Section 68 and disallowances under Section 40(a)(ia) were also held unsustainable in the absence of incriminating material. The Tribunal upheld the deletion of double disallowances of loss on sale of fixed assets. The Revenue's appeals were dismissed except for AY 2013-14, which was partly allowed for statistical purposes. Case-Laws Income Tax Wed, 01 May 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=379811