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ITAT held that the CIT(A) correctly deleted disallowances related to inter-branch purchases after reviewing the Remand Report. The Revenue's challenge was deemed unsustainable as the Assessing Officer had already accepted the assessee's claim following document verification. Relying on precedent from Bombay HC, the tribunal emphasized that once concessions are made and verified, the department cannot subsequently challenge the same. The appeal was found devoid of merit, with the cross objection deemed unnecessary as no substantive grievance existed against the original order. The decision affirmed procedural fairness in tax assessment proceedings.
ITAT held that the CIT(A) correctly deleted disallowances related to inter-branch purchases after reviewing the Remand Report. The Revenue's challenge was deemed unsustainable as the Assessing Officer had already accepted the assessee's claim following document verification. Relying on precedent from Bombay HC, the tribunal emphasized that once concessions are made and verified, the department cannot subsequently challenge the same. The appeal was found devoid of merit, with the cross objection deemed unnecessary as no substantive grievance existed against the original order. The decision affirmed procedural fairness in tax assessment proceedings.
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