AO Can't Make Addition On The Basis Of Statement Without Corroborating It With Any Other Material: ITAT

The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has held that an AO cannot make additions merely on the basis of a statement without corroborating it with any other material.The bench of...

Related Keywords

Mumbai ,Maharashtra ,India ,Govindv Vikmani ,Pavan Kumar Gadale ,Parshwa Associates ,Mumbai Bench ,Income Tax Appellate Tribunal ,Judicial Member ,Accountant Member ,Income Disclosure Scheme ,Itat ,O ,Corroborating Material ,