https://www.taxtmi.com/caselaws?id=360979 The ITAT Kolkata dismissed the Revenue's appeal, upholding the CIT(A)'s decision to delete the disallowance of expenditure regarding sundry creditors and allowing the revival of the prior period expenditure disallowance in favor of the appellant. The judgment emphasized the importance of natural justice and proper assessment procedures in making additions based on reconciliations and discrepancies. en-us Thu, 24 May 2018 00:00:00 +0530 Sat, 26 May 2018 08:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=360979 The ITAT Kolkata dismissed the Revenue's appeal, upholding the CIT(A)'s decision to delete the disallowance of expenditure regarding sundry creditors and allowing the revival of the prior period expenditure disallowance in favor of the appellant. The judgment emphasized the importance of natural justice and proper assessment procedures in making additions based on reconciliations and discrepancies. Case-Laws Income Tax Thu, 24 May 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=360979