https://www.taxtmi.com/caselaws?id=421052 Cash addition found in excess of the cash book balance could not be sustained where the assessee produced invoices, VAT records and ledger entries showing the cash as advance receipts against sales. The department relied mainly on a third party's reply under section 133(6), but cross-examination of that person was denied without adequate justification. An adverse finding cannot rest on such third-party material unless the assessee is given a real opportunity to test it, especially when the supporting books and vouchers are not discredited. The addition was therefore deleted. en-us Thu, 31 Mar 2022 00:00:00 +0530 Sat, 16 Apr 2022 08:11:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=421052 Cash addition found in excess of the cash book balance could not be sustained where the assessee produced invoices, VAT records and ledger entries showing the cash as advance receipts against sales. The department relied mainly on a third party's reply under section 133(6), but cross-examination of that person was denied without adequate justification. An adverse finding cannot rest on such third-party material unless the assessee is given a real opportunity to test it, especially when the supporting books and vouchers are not discredited. The addition was therefore deleted. Case-Laws Income Tax Thu, 31 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=421052