Case Law Analysis
|Income Tax Appellate Tribunal
Section 68 & 56(2)(viib) IT Act | Burden of Proof Lies on Taxpayer Only Until Prima Facie Evidence Is Presented : Income Tax Appellate Tribunal
ITAT Delhi clarifies that taxpayers must discharge burden under Sections 68 and 56(2)(viib) only after providing prima facie evidence; mere suspicion by AO insufficient to sustain additions.