https://www.taxtmi.com/caselaws?id=302577 The Tribunal allowed the appeal, deleted the Rs. 15 lakh addition as unexplained cash credit, emphasizing the importance of providing the right to cross-examine witnesses for a fair trial. The initiation of proceedings under section 147 was found unsustainable based on suspicion. The Tribunal held that reliance on statements lacking specificity was unjustified. The lack of fair opportunity to cross-examine witnesses violated natural justice principles. The decision underscored the need for proper application of mind and adherence to legal precedents. en-us Tue, 10 May 2016 00:00:00 +0530 Mon, 06 Jun 2022 20:38:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=302577 The Tribunal allowed the appeal, deleted the Rs. 15 lakh addition as unexplained cash credit, emphasizing the importance of providing the right to cross-examine witnesses for a fair trial. The initiation of proceedings under section 147 was found unsustainable based on suspicion. The Tribunal held that reliance on statements lacking specificity was unjustified. The lack of fair opportunity to cross-examine witnesses violated natural justice principles. The decision underscored the need for proper application of mind and adherence to legal precedents. Case-Laws Income Tax Tue, 10 May 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=302577