https://www.taxtmi.com/caselaws?id=216843 The Tribunal upheld the disallowance of freight charges due to non-deduction of TDS as the assessee failed to provide evidence supporting their claim that the liability was on the supplier. The addition of sundry creditors' amount to income was dismissed for lack of proof of liabilities or payments. The treatment of advance amounts as cash credits was upheld as the advances were found to cover cash shortages rather than specific future product orders. The appeal was rejected as the assessee did not substantiate their contentions with factual evidence, leading to valid disallowances and additions to income. en-us Mon, 09 Jul 2012 00:00:00 +0530 Wed, 29 Aug 2012 17:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=216843 The Tribunal upheld the disallowance of freight charges due to non-deduction of TDS as the assessee failed to provide evidence supporting their claim that the liability was on the supplier. The addition of sundry creditors' amount to income was dismissed for lack of proof of liabilities or payments. The treatment of advance amounts as cash credits was upheld as the advances were found to cover cash shortages rather than specific future product orders. The appeal was rejected as the assessee did not substantiate their contentions with factual evidence, leading to valid disallowances and additions to income. Case-Laws Income Tax Mon, 09 Jul 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=216843