https://www.taxtmi.com/caselaws?id=281347 The Appellate Tribunal dismissed the revenue's appeal and allowed the assessee's appeal for statistical purposes in a case involving the disallowance of unpaid sundry creditors treated as bogus by the Assessing Officer. The Tribunal upheld the partial relief granted to the assessee by the CIT(A) for genuine creditors but remanded the issue of non-genuine creditors back to the Assessing Officer for further investigation. The Assessing Officer was directed to verify the addresses and outstanding amounts of the non-genuine creditors to determine their genuineness. en-us Mon, 05 Oct 2015 00:00:00 +0530 Sat, 15 Jun 2019 07:49:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=281347 The Appellate Tribunal dismissed the revenue's appeal and allowed the assessee's appeal for statistical purposes in a case involving the disallowance of unpaid sundry creditors treated as bogus by the Assessing Officer. The Tribunal upheld the partial relief granted to the assessee by the CIT(A) for genuine creditors but remanded the issue of non-genuine creditors back to the Assessing Officer for further investigation. The Assessing Officer was directed to verify the addresses and outstanding amounts of the non-genuine creditors to determine their genuineness. Case-Laws Income Tax Mon, 05 Oct 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=281347