https://www.taxtmi.com/caselaws?id=409772 The Tribunal allowed the appeal, directing the deletion of additions made by the CIT(A) based on rejection of books of accounts due to variations in electricity consumption. The Tribunal emphasized the importance of providing the assessee an opportunity to cross-examine individuals whose statements were relied upon and found the Revenue Authorities' actions unsustainable. Previous ITAT decisions in favor of the assessee were cited to support the ruling. en-us Mon, 05 Jul 2021 00:00:00 +0530 Fri, 16 Jul 2021 08:26:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=409772 The Tribunal allowed the appeal, directing the deletion of additions made by the CIT(A) based on rejection of books of accounts due to variations in electricity consumption. The Tribunal emphasized the importance of providing the assessee an opportunity to cross-examine individuals whose statements were relied upon and found the Revenue Authorities' actions unsustainable. Previous ITAT decisions in favor of the assessee were cited to support the ruling. Case-Laws Income Tax Mon, 05 Jul 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=409772