https://www.taxtmi.com/caselaws?id=290556 Additions based on third-party statements and enquiry material cannot be sustained where the assessee is not supplied the material and is denied an opportunity to cross-examine the witness. When the Revenue relies on a broker's statement to support an adverse finding, the principles of natural justice require disclosure of the material and a fair chance to test it through cross-examination before it is used against the assessee. On that basis, the additions were held unsustainable on the existing record and the matter was sent back for fresh adjudication with cross-examination allowed. en-us Wed, 20 Oct 2010 00:00:00 +0530 Mon, 05 Oct 2020 14:40:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=290556 Additions based on third-party statements and enquiry material cannot be sustained where the assessee is not supplied the material and is denied an opportunity to cross-examine the witness. When the Revenue relies on a broker's statement to support an adverse finding, the principles of natural justice require disclosure of the material and a fair chance to test it through cross-examination before it is used against the assessee. On that basis, the additions were held unsustainable on the existing record and the matter was sent back for fresh adjudication with cross-examination allowed. Case-Laws Income Tax Wed, 20 Oct 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=290556