https://www.taxtmi.com/caselaws?id=287738 An addition alleging a bogus sale of jewellery to an accommodation-entry provider was not sustained where the jewellery had been disclosed under the Voluntary Disclosure of Income Scheme, 1997 and supported by the declaration certificate. The assessee also produced purchase bills, banking-channel receipts and buyer confirmation, while the Revenue relied mainly on third-party material and proceedings in another case. Mere suspicion or surmise was held insufficient to displace documentary evidence, and adverse material could not be used without giving the assessee a proper opportunity to respond. The deletion of the addition was upheld. en-us Fri, 19 Aug 2016 00:00:00 +0530 Thu, 30 Apr 2020 10:23:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=287738 An addition alleging a bogus sale of jewellery to an accommodation-entry provider was not sustained where the jewellery had been disclosed under the Voluntary Disclosure of Income Scheme, 1997 and supported by the declaration certificate. The assessee also produced purchase bills, banking-channel receipts and buyer confirmation, while the Revenue relied mainly on third-party material and proceedings in another case. Mere suspicion or surmise was held insufficient to displace documentary evidence, and adverse material could not be used without giving the assessee a proper opportunity to respond. The deletion of the addition was upheld. Case-Laws Income Tax Fri, 19 Aug 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=287738