https://www.taxtmi.com/caselaws?id=776351 The ITAT upheld the CIT(A)'s decision confirming the addition of undisclosed cash payments for land purchase not recorded in the assessee's books, supported by corroborative cheque entries and seized electronic records. The assessee's claim that the ledger was a third-party educational document was rejected due to lack of credible evidence. The plea of violation of natural justice for denial of cross-examination was dismissed, as the assessee had full access to the seized material and opportunity to rebut, with no demonstrated prejudice. However, the CIT(A) rightly deleted the addition by allowing the cash payments to be set off against undisclosed income declared under IDS, 2016, as the IDS declaration formed part of official records and prevented double taxation. The Revenue's appeal was dismissed for lack of merit. en-us Wed, 06 Aug 2025 00:00:00 +0530 Fri, 08 Aug 2025 05:20:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=776351 The ITAT upheld the CIT(A)'s decision confirming the addition of undisclosed cash payments for land purchase not recorded in the assessee's books, supported by corroborative cheque entries and seized electronic records. The assessee's claim that the ledger was a third-party educational document was rejected due to lack of credible evidence. The plea of violation of natural justice for denial of cross-examination was dismissed, as the assessee had full access to the seized material and opportunity to rebut, with no demonstrated prejudice. However, the CIT(A) rightly deleted the addition by allowing the cash payments to be set off against undisclosed income declared under IDS, 2016, as the IDS declaration formed part of official records and prevented double taxation. The Revenue's appeal was dismissed for lack of merit. Case-Laws Income Tax Wed, 06 Aug 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=776351