https://www.taxtmi.com/caselaws?id=788053 The central issue was whether an addition under Section 69B could stand when based solely on a document seized from a third party without affording the assessee opportunity to cross-examine that third party. The Tribunal applied the principle that reliance on third party statements or documents as the basis for an adverse order requires opportunity for cross examination and corroboration; citing Andaman Timber Industries, it found denial of that opportunity violated natural justice. In absence of corroborative evidence and cross examination, the addition under Section 69B was deleted in favour of the assessee. en-us Thu, 12 Mar 2026 00:00:00 +0530 Mon, 16 Mar 2026 08:42:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=788053 The central issue was whether an addition under Section 69B could stand when based solely on a document seized from a third party without affording the assessee opportunity to cross-examine that third party. The Tribunal applied the principle that reliance on third party statements or documents as the basis for an adverse order requires opportunity for cross examination and corroboration; citing Andaman Timber Industries, it found denial of that opportunity violated natural justice. In absence of corroborative evidence and cross examination, the addition under Section 69B was deleted in favour of the assessee. Case-Laws Income Tax Thu, 12 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=788053