https://www.taxtmi.com/caselaws?id=348399 The Commissioner of Income Tax (Appeals) (CIT (A)) allowed the appeal in part for statistical purposes. The addition of income received from M/s Sail was deleted as no services were rendered nor payment received. Additions under section 40(a)(ia) were deleted as payments were reimbursed, not falling under the section. The deletion of addition on account of bogus creditors and prior period expenses was upheld. Ad-hoc disallowance of expenses for lack of bills and vouchers was remanded for verification. The admission of additional evidence was upheld. The case was remanded back to the Assessing Officer (AO) for further examination. en-us Tue, 19 Sep 2017 00:00:00 +0530 Thu, 21 Sep 2017 07:14:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=348399 The Commissioner of Income Tax (Appeals) (CIT (A)) allowed the appeal in part for statistical purposes. The addition of income received from M/s Sail was deleted as no services were rendered nor payment received. Additions under section 40(a)(ia) were deleted as payments were reimbursed, not falling under the section. The deletion of addition on account of bogus creditors and prior period expenses was upheld. Ad-hoc disallowance of expenses for lack of bills and vouchers was remanded for verification. The admission of additional evidence was upheld. The case was remanded back to the Assessing Officer (AO) for further examination. Case-Laws Income Tax Tue, 19 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=348399