https://www.taxtmi.com/caselaws?id=409837 The Tribunal set aside the issue back to the Assessing Officer, directing the appellant to produce ledger accounts of the sundry creditors to show that sales were accounted for against the credits received. If the sales were accounted for, the addition under Section 68 would result in double addition, which is not permissible. The appeal was allowed for statistical purposes with directions to the Assessing Officer to decide the issue afresh in accordance with the law. en-us Wed, 14 Jul 2021 00:00:00 +0530 Sat, 17 Jul 2021 07:28:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=409837 The Tribunal set aside the issue back to the Assessing Officer, directing the appellant to produce ledger accounts of the sundry creditors to show that sales were accounted for against the credits received. If the sales were accounted for, the addition under Section 68 would result in double addition, which is not permissible. The appeal was allowed for statistical purposes with directions to the Assessing Officer to decide the issue afresh in accordance with the law. Case-Laws Income Tax Wed, 14 Jul 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=409837