https://www.taxtmi.com/caselaws?id=421301 The ITAT Delhi allowed the assessee's appeal, setting aside the addition of Rs. 21,00,000 under section 69C. It emphasized the importance of adhering to the correct provisions of the law and providing proper opportunities for the assessee to be heard. The ITAT found the referral to DVO by the AO under section 142A for section 69C matters invalid, leading to the deletion of the addition and directing the AO to delete the questioned amount. en-us Mon, 18 Apr 2022 00:00:00 +0530 Wed, 20 Apr 2022 09:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=421301 The ITAT Delhi allowed the assessee's appeal, setting aside the addition of Rs. 21,00,000 under section 69C. It emphasized the importance of adhering to the correct provisions of the law and providing proper opportunities for the assessee to be heard. The ITAT found the referral to DVO by the AO under section 142A for section 69C matters invalid, leading to the deletion of the addition and directing the AO to delete the questioned amount. Case-Laws Income Tax Mon, 18 Apr 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=421301