https://www.taxtmi.com/caselaws?id=403079 The Tribunal upheld the CIT(A)'s decision to delete the additions made by the AO for the A.Ys 2011-12 to 2016-17. The Tribunal found that the AO did not provide sufficient corroborative evidence to support the allegations of under-invoicing of sales and unaccounted purchases of acid slurry. The Tribunal also emphasized the importance of providing the opportunity for cross-examination and the need for incriminating material to substantiate additions in completed assessments. The appeals of the Revenue were dismissed. en-us Wed, 23 Dec 2020 00:00:00 +0530 Tue, 19 Jan 2021 10:22:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=403079 The Tribunal upheld the CIT(A)'s decision to delete the additions made by the AO for the A.Ys 2011-12 to 2016-17. The Tribunal found that the AO did not provide sufficient corroborative evidence to support the allegations of under-invoicing of sales and unaccounted purchases of acid slurry. The Tribunal also emphasized the importance of providing the opportunity for cross-examination and the need for incriminating material to substantiate additions in completed assessments. The appeals of the Revenue were dismissed. Case-Laws Income Tax Wed, 23 Dec 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=403079