https://www.taxtmi.com/caselaws?id=755509 Delhi HC dismissed revenue's appeal against ITAT's deletion of addition under section 69A. ITAT found assessee made genuine export sales with proceeds received through banking channels. HC held that statement of third party witness could not be relied upon as he refused cross-examination without just cause and AO failed to summon him. No evidence found during search to prove bogus purchases or cash transactions. Assessee entitled to section 80HHC deduction as exports were genuine and auditor's report was properly admitted by CIT(A). en-us Wed, 03 Jul 2024 00:00:00 +0530 Wed, 09 Jul 2025 15:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=755509 Delhi HC dismissed revenue's appeal against ITAT's deletion of addition under section 69A. ITAT found assessee made genuine export sales with proceeds received through banking channels. HC held that statement of third party witness could not be relied upon as he refused cross-examination without just cause and AO failed to summon him. No evidence found during search to prove bogus purchases or cash transactions. Assessee entitled to section 80HHC deduction as exports were genuine and auditor's report was properly admitted by CIT(A). Case-Laws Income Tax Wed, 03 Jul 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=755509