CIT(A) Deletes AO's Addition: Statements from Surveys Lack Evidentiary Value Without Supporting Evidence, Says CBDT Circular.

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....Addition based on statement recorded during the course of survey - in the light of the CBDT Circular/Instruction and the various other decisions relied on by assessee to the proposition that the statement recorded during the course of survey has no evidentiary value unless the same is backed by credible evidence, the addition made by the AO was rightly deleted by the CIT (A). - AT....