https://www.taxtmi.com/caselaws?id=361393 The ITAT upheld the CIT(A)'s decisions in dismissing the Revenue's appeal. The rejection of books of account was deemed unjustified, leading to the deletion of a trading addition of Rs. 45,96,781/-. Additionally, the addition for delayed PF & ESI contributions was removed. The ITAT emphasized the importance of verifiable sales and purchases, as well as the timely payment of statutory dues, in line with previous rulings and judicial precedents. en-us Thu, 31 May 2018 00:00:00 +0530 Wed, 06 Jun 2018 19:24:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=361393 The ITAT upheld the CIT(A)'s decisions in dismissing the Revenue's appeal. The rejection of books of account was deemed unjustified, leading to the deletion of a trading addition of Rs. 45,96,781/-. Additionally, the addition for delayed PF & ESI contributions was removed. The ITAT emphasized the importance of verifiable sales and purchases, as well as the timely payment of statutory dues, in line with previous rulings and judicial precedents. Case-Laws Income Tax Thu, 31 May 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=361393