Tribunal held that when the sales are accepted neither statement of the third parties nor cross examination was not provided, addition is held to be not justified. (AY.2012-13)
ACIT v. Jain Jewellery (2021) 87 ITR 43 (SN.) (Delhi)(Trib.)
S. 143(3) : Assessment-Undisclosed income-Bogus purchases-Sales accepted-Statement in the course of search-Neither the statement was furnished nor an opportunity of cross examination was provided-Addition is held to be not justified. [S. 131, 133(6)]