https://www.taxtmi.com/caselaws?id=782798 ITAT Amritsar allowed the assessee's appeal and deleted the addition made on account of alleged bogus purchases of naku/rice bran. The Tribunal held that the AO's sole reliance on a third-party statement, without any corroborative incriminating material or independent enquiry, was unsustainable. Denial of the assessee's specific request for cross-examination of the third party, whose statement formed the basis of the addition, was found to be a serious violation of principles of natural justice, rendering the addition a nullity. With no evidence of cash exchange and substantial documentary support for genuine purchases, the assessee's claim was accepted. en-us Mon, 27 Oct 2025 00:00:00 +0530 Thu, 04 Dec 2025 09:19:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=782798 ITAT Amritsar allowed the assessee's appeal and deleted the addition made on account of alleged bogus purchases of naku/rice bran. The Tribunal held that the AO's sole reliance on a third-party statement, without any corroborative incriminating material or independent enquiry, was unsustainable. Denial of the assessee's specific request for cross-examination of the third party, whose statement formed the basis of the addition, was found to be a serious violation of principles of natural justice, rendering the addition a nullity. With no evidence of cash exchange and substantial documentary support for genuine purchases, the assessee's claim was accepted. Case-Laws Income Tax Mon, 27 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=782798