https://www.taxtmi.com/caselaws?id=386912 The Tribunal dismissed the Revenue's appeals for the assessment years 2010-11, 2011-12, and 2012-13, affirming the CIT(A)'s decisions. It upheld the deletion of additions under Section 69C for bogus purchases due to lack of incriminating evidence and denied the Revenue's challenge against deductions under Section 10AA/10A. Additionally, the Tribunal supported the CIT(A)'s deletion of additions under Section 36(1)(va) for delayed employee contributions to PF and ESIC, referencing legal precedents. The Tribunal highlighted the necessity of incriminating material for additions in completed assessments and the importance of cross-examination to ensure adherence to principles of natural justice. en-us Thu, 03 Oct 2019 00:00:00 +0530 Fri, 20 Dec 2024 13:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=386912 The Tribunal dismissed the Revenue's appeals for the assessment years 2010-11, 2011-12, and 2012-13, affirming the CIT(A)'s decisions. It upheld the deletion of additions under Section 69C for bogus purchases due to lack of incriminating evidence and denied the Revenue's challenge against deductions under Section 10AA/10A. Additionally, the Tribunal supported the CIT(A)'s deletion of additions under Section 36(1)(va) for delayed employee contributions to PF and ESIC, referencing legal precedents. The Tribunal highlighted the necessity of incriminating material for additions in completed assessments and the importance of cross-examination to ensure adherence to principles of natural justice. Case-Laws Income Tax Thu, 03 Oct 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=386912