https://www.taxtmi.com/caselaws?id=402492 The Tribunal upheld the CIT(A)'s deletion of additions made by the AO under sections 69/69B, finding insufficient evidence to substantiate them. Additionally, the Tribunal deleted the additions under section 68 for the assessment year 2010-11 in the case of Shri Uday Bhatt due to a lack of opportunity for cross-examination, following the precedent set in Andaman Timber Industries vs. Comm. of Central Excise, Kolkata. Consequently, all appeals and cross-objections were dismissed, except for Shri Uday Bhatt's appeal for the assessment year 2010-11, which was allowed. en-us Thu, 17 Dec 2020 00:00:00 +0530 Mon, 04 Jan 2021 11:50:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=402492 The Tribunal upheld the CIT(A)'s deletion of additions made by the AO under sections 69/69B, finding insufficient evidence to substantiate them. Additionally, the Tribunal deleted the additions under section 68 for the assessment year 2010-11 in the case of Shri Uday Bhatt due to a lack of opportunity for cross-examination, following the precedent set in Andaman Timber Industries vs. Comm. of Central Excise, Kolkata. Consequently, all appeals and cross-objections were dismissed, except for Shri Uday Bhatt's appeal for the assessment year 2010-11, which was allowed. Case-Laws Income Tax Thu, 17 Dec 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=402492