ITAT deletes ₹25 lakh tax addition over alleged flat cash payment; says taxpayer must get a chance to challenge evidence(Soban News)

The Mumbai ITAT deleted a ₹25 lakh tax addition imposed on a flat buyer over an alleged cash payment, saying the taxpayer was not given the statements relied upon by the tax department or an opportunity to cross-examine the builder’s partners.

​The Mumbai ITAT deleted a ₹25 lakh tax addition imposed on a flat buyer over an alleged cash payment, saying the taxpayer was not given the statements relied upon by the tax department or an opportunity to cross-examine the builder’s partners. by Soban News (international And National News)