https://www.taxtmi.com/caselaws?id=387690 The Appellate Tribunal directed the assessing officer to reevaluate the issues raised in the appeal regarding sundry creditors under the Income Tax Act. The appellant's contentions regarding the failure to serve notices, confirmation of outstanding balances without proper documentation, lack of cross-examination opportunity, and the need to reconcile creditor balances were considered. The Tribunal emphasized the importance of reviewing additional evidence provided by the appellant, such as TDS certificates and payment proofs, to ensure a fair assessment process and address discrepancies in creditor balances. en-us Fri, 25 Oct 2019 00:00:00 +0530 Tue, 29 Oct 2019 19:55:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=387690 The Appellate Tribunal directed the assessing officer to reevaluate the issues raised in the appeal regarding sundry creditors under the Income Tax Act. The appellant's contentions regarding the failure to serve notices, confirmation of outstanding balances without proper documentation, lack of cross-examination opportunity, and the need to reconcile creditor balances were considered. The Tribunal emphasized the importance of reviewing additional evidence provided by the appellant, such as TDS certificates and payment proofs, to ensure a fair assessment process and address discrepancies in creditor balances. Case-Laws Income Tax Fri, 25 Oct 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=387690