https://www.taxtmi.com/caselaws?id=463034 The ITAT Lucknow held that the AO erred in making additions based on mere conjecture without considering the FIR lodged by the assessee against a third party for fraud. The AO failed to investigate the status of the FIR and disregarded documentary evidence supporting the assessee's claim. The matter was remanded to the AO for fresh examination, including inquiry into the FIR's outcome. The appeal was allowed for statistical purposes. en-us Mon, 19 Nov 2018 00:00:00 +0530 Fri, 01 Aug 2025 22:57:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=463034 The ITAT Lucknow held that the AO erred in making additions based on mere conjecture without considering the FIR lodged by the assessee against a third party for fraud. The AO failed to investigate the status of the FIR and disregarded documentary evidence supporting the assessee's claim. The matter was remanded to the AO for fresh examination, including inquiry into the FIR's outcome. The appeal was allowed for statistical purposes. Case-Laws Income Tax Mon, 19 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=463034