https://www.taxtmi.com/caselaws?id=290494 The Tribunal dismissed the Revenue's appeals and allowed the assessee's appeals and cross objections, deleting both the addition on account of on-money receipts and the penalties imposed under Section 271AAA. The Tribunal emphasized the importance of adhering to principles of natural justice and the necessity of corroborative evidence when making additions based on third-party statements. en-us Tue, 30 Apr 2019 00:00:00 +0530 Thu, 01 Oct 2020 11:03:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=290494 The Tribunal dismissed the Revenue's appeals and allowed the assessee's appeals and cross objections, deleting both the addition on account of on-money receipts and the penalties imposed under Section 271AAA. The Tribunal emphasized the importance of adhering to principles of natural justice and the necessity of corroborative evidence when making additions based on third-party statements. Case-Laws Income Tax Tue, 30 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=290494