https://www.taxtmi.com/caselaws?id=411719 The Tribunal allowed the appeal of the assessee, directing the assessing officer to delete the addition of sundry creditors. The Tribunal found that the assessee was not given a reasonable opportunity to address the issue before the addition was made. It criticized the CIT(A) for not properly examining the relevant material and rejecting the confirmation letter without due consideration. Ultimately, based on the business activity of the assessee, the Tribunal decided there was no need to remand the issue back to the Assessing Officer, leading to the deletion of the addition in question. en-us Thu, 08 Jul 2021 00:00:00 +0530 Thu, 02 Sep 2021 08:58:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=411719 The Tribunal allowed the appeal of the assessee, directing the assessing officer to delete the addition of sundry creditors. The Tribunal found that the assessee was not given a reasonable opportunity to address the issue before the addition was made. It criticized the CIT(A) for not properly examining the relevant material and rejecting the confirmation letter without due consideration. Ultimately, based on the business activity of the assessee, the Tribunal decided there was no need to remand the issue back to the Assessing Officer, leading to the deletion of the addition in question. Case-Laws Income Tax Thu, 08 Jul 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=411719