https://www.taxtmi.com/caselaws?id=772783 ITAT Delhi set aside CIT(A)'s order deleting addition u/s 68 and remitted matter for fresh consideration. CIT(A) admitted additional evidence without providing AO reasonable opportunity to examine documents as required under Rule 46A(3). AO had questioned creditworthiness, identity and genuineness of transactions, noting circuitous transactions and entry providers. CIT(A) failed to address AO's findings regarding subscriber companies' bank statements and their non-appearance before AO. Revenue's appeal partly allowed for statistical purposes. en-us Wed, 04 Jun 2025 00:00:00 +0530 Fri, 13 Jun 2025 08:41:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=772783 ITAT Delhi set aside CIT(A)'s order deleting addition u/s 68 and remitted matter for fresh consideration. CIT(A) admitted additional evidence without providing AO reasonable opportunity to examine documents as required under Rule 46A(3). AO had questioned creditworthiness, identity and genuineness of transactions, noting circuitous transactions and entry providers. CIT(A) failed to address AO's findings regarding subscriber companies' bank statements and their non-appearance before AO. Revenue's appeal partly allowed for statistical purposes. Case-Laws Income Tax Wed, 04 Jun 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=772783