https://www.taxtmi.com/caselaws?id=377919 The Assessing Officer added Rs. 32,47,203 for unexplained sundry creditors due to discrepancies in creditor accounts. The CIT(A) confirmed additions for two creditors, admitted additional evidence for them, but denied for others without detailed consideration. The CIT(A) did not adequately assess documentary evidence provided by the assessee, leading to the ITAT directing the Assessing Officer to reconsider the issue, considering evidence and giving the assessee a fair chance to prove genuineness. The appeal was allowed for statistical purposes. en-us Wed, 03 Apr 2019 00:00:00 +0530 Thu, 04 Apr 2019 12:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=377919 The Assessing Officer added Rs. 32,47,203 for unexplained sundry creditors due to discrepancies in creditor accounts. The CIT(A) confirmed additions for two creditors, admitted additional evidence for them, but denied for others without detailed consideration. The CIT(A) did not adequately assess documentary evidence provided by the assessee, leading to the ITAT directing the Assessing Officer to reconsider the issue, considering evidence and giving the assessee a fair chance to prove genuineness. The appeal was allowed for statistical purposes. Case-Laws Income Tax Wed, 03 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=377919