https://www.taxtmi.com/caselaws?id=365194 The Assessing Officer added Rs. 19,30,214 as non-genuine sundry creditors due to lack of traceability and verification. The ld. CIT(A) confirmed the addition, noting discrepancies in credit balances. The appellant challenged the decision, providing evidence of genuine transactions. Both authorities allegedly overlooked supporting documents. Confusion over addresses and notices arose, leading to a remand by the Appellate Tribunal for a fresh examination. The Tribunal allowed the appeal for statistical purposes, indicating a procedural win for the appellant. en-us Tue, 07 Aug 2018 00:00:00 +0530 Sun, 12 Aug 2018 14:37:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=365194 The Assessing Officer added Rs. 19,30,214 as non-genuine sundry creditors due to lack of traceability and verification. The ld. CIT(A) confirmed the addition, noting discrepancies in credit balances. The appellant challenged the decision, providing evidence of genuine transactions. Both authorities allegedly overlooked supporting documents. Confusion over addresses and notices arose, leading to a remand by the Appellate Tribunal for a fresh examination. The Tribunal allowed the appeal for statistical purposes, indicating a procedural win for the appellant. Case-Laws Income Tax Tue, 07 Aug 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=365194