https://www.taxtmi.com/caselaws?id=391380 The Tribunal upheld the CIT(A)'s decision to partly delete the addition made by the A.O. regarding bogus sundry creditors. The CIT(A) found that the assessee provided ample evidence to prove the genuineness of the creditors. The A.O. confirmed the creditors' genuineness after examining the additional evidence during remand proceedings. An addition of Rs. 16,27,243/- was sustained for three creditors without confirmations. The Tribunal dismissed the revenue's appeal, affirming the CIT(A)'s findings. en-us Wed, 22 Jan 2020 00:00:00 +0530 Tue, 07 Apr 2020 14:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=391380 The Tribunal upheld the CIT(A)'s decision to partly delete the addition made by the A.O. regarding bogus sundry creditors. The CIT(A) found that the assessee provided ample evidence to prove the genuineness of the creditors. The A.O. confirmed the creditors' genuineness after examining the additional evidence during remand proceedings. An addition of Rs. 16,27,243/- was sustained for three creditors without confirmations. The Tribunal dismissed the revenue's appeal, affirming the CIT(A)'s findings. Case-Laws Income Tax Wed, 22 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=391380