https://www.taxtmi.com/highlights?id=57141 Assessment u/s 153A - estimation of value of accommodation entries - The AO has computed the accommodation entries amount at the rate of 0.25% on hypothetical manner without any basis - CIT(A) is justified in stating that Assessing Officer has neither made any independent enquiry from the suppliers nor allowed any cross-examination of the third party though specifically demanded by the assessee-company and made the additions based on hypothesis, conjectures and suspicion - AT en-us Fri, 12 Mar 2021 16:41:00 +0530 Fri, 12 Mar 2021 16:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=57141 Assessment u/s 153A - estimation of value of accommodation entries - The AO has computed the accommodation entries amount at the rate of 0.25% on hypothetical manner without any basis - CIT(A) is justified in stating that Assessing Officer has neither made any independent enquiry from the suppliers nor allowed any cross-examination of the third party though specifically demanded by the assessee-company and made the additions based on hypothesis, conjectures and suspicion - AT Highlights Income Tax Fri, 12 Mar 2021 16:41:00 +0530 https://www.taxtmi.com/highlights?id=57141