https://www.taxtmi.com/caselaws?id=427210 The Tribunal allowed the appeal of the assessee, deleting the additions made under sections 68 and 69C, and upheld the validity of the initiation of proceedings under sections 147/148. The Tribunal emphasized the importance of providing an opportunity for cross-examination and the need for cogent material evidence to support the AO's conclusions. en-us Wed, 31 Aug 2022 00:00:00 +0530 Fri, 02 Sep 2022 13:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=427210 The Tribunal allowed the appeal of the assessee, deleting the additions made under sections 68 and 69C, and upheld the validity of the initiation of proceedings under sections 147/148. The Tribunal emphasized the importance of providing an opportunity for cross-examination and the need for cogent material evidence to support the AO's conclusions. Case-Laws Income Tax Wed, 31 Aug 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=427210