Commissioner Confirms Deletion of Additions u/s 69C; Assessee Proves Expense Validity While Protecting Informant Identity.

Commissioner Confirms Deletion of Additions u/s 69C; Assessee Proves Expense Validity While Protecting Informant Identity. https://www.taxtmi.com/highlights?id=62011 Addition made on account of informer information expenses - Additions u/s 69C - In this case, details of informants have to kept secret and the assessee has supplied enough information to substantiate the actual payment but only kept the identity of the informants. After going through detailed finding of the Ld.CIT(A) we do not find any reason to interfere with the finding of the Ld.CIT(A) - CIT(A) rightly deleted the additions - AT en-us Fri, 18 Feb 2022 12:58:36 +0530 Fri, 18 Feb 2022 12:58:36 +0530 TaxTMI RSS Generator Commissioner Confirms Deletion of Additions u/s 69C; Assessee Proves Expense Validity While Protecting Informant Identity. https://www.taxtmi.com/highlights?id=62011 Addition made on account of informer information expenses - Additions u/s 69C - In this case, details of informants have to kept secret and the assessee has supplied enough information to substantiate the actual payment but only kept the identity of the informants. After going through detailed finding of the Ld.CIT(A) we do not find any reason to interfere with the finding of the Ld.CIT(A) - CIT(A) rightly deleted the additions - AT Highlights Income Tax Fri, 18 Feb 2022 12:58:36 +0530 https://www.taxtmi.com/highlights?id=62011