https://www.taxtmi.com/caselaws?id=461126 ITAT Ahmedabad allowed the assessee's appeal against addition under section 69. The AO made the addition based solely on seized data and statement of searched person who paid taxes on undisclosed cash. The tribunal held that addition was made without affording opportunity to cross-examine the person whose statements were relied upon, violating natural justice principles. Cheque payments were duly recorded in books and bank account, remaining undisputed. Cash component was consistently denied by assessee with no corroborative evidence from AO. Addition was unsustainable in absence of conclusive evidence. en-us Mon, 10 Jun 2024 00:00:00 +0530 Sat, 15 Mar 2025 14:15:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=461126 ITAT Ahmedabad allowed the assessee's appeal against addition under section 69. The AO made the addition based solely on seized data and statement of searched person who paid taxes on undisclosed cash. The tribunal held that addition was made without affording opportunity to cross-examine the person whose statements were relied upon, violating natural justice principles. Cheque payments were duly recorded in books and bank account, remaining undisputed. Cash component was consistently denied by assessee with no corroborative evidence from AO. Addition was unsustainable in absence of conclusive evidence. Case-Laws Income Tax Mon, 10 Jun 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=461126