Tribunal held that ad hoc addition on basis of third party information that assessee has received consultation charges in cash is held to be not permissible. Matter remanded to Assessing Officer to ascertain whether amount was part of income declared by assessee and if so delete additions. (AY. 2012-13 to 2016-17)
Dr. S. Chandrasekara Chandilya v. ACIT (2020) 84 ITR 46 (SN.) (Chennai)(Trib.)
S. 143(3) : Assessment-Income from undisclosed sources-Ad hoc addition basis of third party information-Matter remanded to the Assessing Officer. [S. 194J]