https://www.taxtmi.com/caselaws?id=773355 ITAT Delhi held that reassessment proceedings under Sections 147/148 and additions under Section 68 for alleged bogus purchases and sales were invalid. The assessee requested cross-examination of a witness whose statement formed the basis for reopening assessment, but AO failed to provide this opportunity despite making efforts. The tribunal distinguished between making efforts versus ensuring compliance, noting the Section 148A(b) notice was vague and lacked application of mind. Following precedent, the tribunal ruled that additions made without providing cross-examination opportunity violated statutory provisions and natural justice principles, directing deletion of all additions and declaring both assessment and appellate orders invalid. en-us Fri, 30 May 2025 00:00:00 +0530 Sat, 21 Jun 2025 08:29:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=773355 ITAT Delhi held that reassessment proceedings under Sections 147/148 and additions under Section 68 for alleged bogus purchases and sales were invalid. The assessee requested cross-examination of a witness whose statement formed the basis for reopening assessment, but AO failed to provide this opportunity despite making efforts. The tribunal distinguished between making efforts versus ensuring compliance, noting the Section 148A(b) notice was vague and lacked application of mind. Following precedent, the tribunal ruled that additions made without providing cross-examination opportunity violated statutory provisions and natural justice principles, directing deletion of all additions and declaring both assessment and appellate orders invalid. Case-Laws Income Tax Fri, 30 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=773355