https://www.taxtmi.com/caselaws?id=57319 The Tribunal dismissed the Revenue's appeals, confirming the CIT(A)'s order to delete the addition of Rs. 17 lakhs to the assessee's income. The Tribunal found that the addition was made on mere suspicion without corroborative evidence and that the proceedings under Section 147/148 were not sustainable once the criminal prosecution against the assessee was dropped. The Tribunal emphasized the importance of providing the assessee with the opportunity to cross-examine witnesses and also dismissed the wealth-tax appeal as consequential to the income-tax matter. en-us Mon, 27 Jun 2005 00:00:00 +0530 Sat, 07 Jul 2012 12:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=57319 The Tribunal dismissed the Revenue's appeals, confirming the CIT(A)'s order to delete the addition of Rs. 17 lakhs to the assessee's income. The Tribunal found that the addition was made on mere suspicion without corroborative evidence and that the proceedings under Section 147/148 were not sustainable once the criminal prosecution against the assessee was dropped. The Tribunal emphasized the importance of providing the assessee with the opportunity to cross-examine witnesses and also dismissed the wealth-tax appeal as consequential to the income-tax matter. Case-Laws Income Tax Mon, 27 Jun 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=57319