https://www.taxtmi.com/caselaws?id=281756 The Tribunal set aside the Commissioner of Income Tax (Appeals)'s decision confirming the Additional Commissioner of Income-tax's additions for depreciation on alleged bogus purchases due to failure to furnish confirmations. The Tribunal directed reconsideration based on additional evidence submitted by the assessee, emphasizing the importance of evaluating all relevant evidence for a just decision. The Commissioner of Income Tax (Appeals) was instructed to admit and assess the additional evidence under Rule 46A. The Tribunal remanded the matter to the AO for fresh consideration, including the non-granting of TDS credit, allowing the appeal for statistical purposes. en-us Fri, 19 Dec 2014 00:00:00 +0530 Sat, 06 Jul 2019 07:00:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=281756 The Tribunal set aside the Commissioner of Income Tax (Appeals)'s decision confirming the Additional Commissioner of Income-tax's additions for depreciation on alleged bogus purchases due to failure to furnish confirmations. The Tribunal directed reconsideration based on additional evidence submitted by the assessee, emphasizing the importance of evaluating all relevant evidence for a just decision. The Commissioner of Income Tax (Appeals) was instructed to admit and assess the additional evidence under Rule 46A. The Tribunal remanded the matter to the AO for fresh consideration, including the non-granting of TDS credit, allowing the appeal for statistical purposes. Case-Laws Income Tax Fri, 19 Dec 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=281756