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![AO cannot make Income Additions Solely based on Retracted Statement of Third-Parties: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/07/Itat-Income-Tax-Appellate-Tribunal-Ao-Retracted-Statement-Retracted-Statement-of-Third-Parties-Income-Additions-itat-news-income-tax-news-tax-news-taxscan.jpg "AO cannot make Income Additions Solely based on Retracted Statement of Third-Parties: ITAT [Read Order]")
AO cannot make Income Additions Solely based on Retracted Statement of Third-Parties: ITAT [Read Order]
The Chennai bench of the Income Tax Appellate Tribunal ( ITAT ) held that the Assessing Officer ( AO ) cannot make income additions solely based on...
![Order passed by AO in absence of valid search is bad in law: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/01/Assessing-Officer-ITAT-Taxscan.jpg "Order passed by AO in absence of valid search is bad in law: ITAT [Read Order]")