https://www.taxtmi.com/caselaws?id=326943 The Tribunal upheld the CIT(A)'s decision to delete the disallowance on paddy purchases for the assessment year 2009-10. The appellant, a rice mill firm, provided detailed documentation supporting customary credit transactions with farmers, refuting the assessing officer's ad-hoc disallowance based on the absence of confirmation letters. The Tribunal found the appellant's evidence sufficient and unjustified the disallowance, dismissing the revenue's appeal and the appellant's cross objection as infructuous. en-us Fri, 18 Mar 2016 00:00:00 +0530 Thu, 28 Apr 2016 10:07:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=326943 The Tribunal upheld the CIT(A)'s decision to delete the disallowance on paddy purchases for the assessment year 2009-10. The appellant, a rice mill firm, provided detailed documentation supporting customary credit transactions with farmers, refuting the assessing officer's ad-hoc disallowance based on the absence of confirmation letters. The Tribunal found the appellant's evidence sufficient and unjustified the disallowance, dismissing the revenue's appeal and the appellant's cross objection as infructuous. Case-Laws Income Tax Fri, 18 Mar 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=326943