https://www.taxtmi.com/caselaws?id=334426 The Tribunal upheld the CIT(A)'s decision, dismissing the Revenue's appeal and deleting the addition of Rs. 1,58,55,454/- made by the A.O. The A.O.'s inclusion of sundry creditors as unverified was deemed unjustified, as the assessee demonstrated proper documentation and verification of transactions. The Tribunal also dismissed the assessee's cross-objection challenging the validity of the notice issued under Section 143(2) of the Income Tax Act, considering it academic in light of the main appeal decision. en-us Fri, 09 Sep 2016 00:00:00 +0530 Mon, 14 Nov 2016 11:19:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=334426 The Tribunal upheld the CIT(A)'s decision, dismissing the Revenue's appeal and deleting the addition of Rs. 1,58,55,454/- made by the A.O. The A.O.'s inclusion of sundry creditors as unverified was deemed unjustified, as the assessee demonstrated proper documentation and verification of transactions. The Tribunal also dismissed the assessee's cross-objection challenging the validity of the notice issued under Section 143(2) of the Income Tax Act, considering it academic in light of the main appeal decision. Case-Laws Income Tax Fri, 09 Sep 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=334426