https://www.taxtmi.com/highlights?id=55301 Bogus sundry creditors - Assessee has provided details of the creditors, which should have been examined by both the authorities below but they did not do so for proving the genuineness of the creditors. As per our considered opinion, the assessee discharged his liability as cast upon him and now the duty shifted on the revenue authorities for the verification of the genuineness of the creditors, which are lack in this case. - AT en-us Tue, 27 Oct 2020 12:39:15 +0530 Tue, 27 Oct 2020 12:39:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=55301 Bogus sundry creditors - Assessee has provided details of the creditors, which should have been examined by both the authorities below but they did not do so for proving the genuineness of the creditors. As per our considered opinion, the assessee discharged his liability as cast upon him and now the duty shifted on the revenue authorities for the verification of the genuineness of the creditors, which are lack in this case. - AT Highlights Income Tax Tue, 27 Oct 2020 12:39:15 +0530 https://www.taxtmi.com/highlights?id=55301