https://www.taxtmi.com/caselaws?id=420873 The Tribunal allowed the appellant's appeal against the order limiting disallowance on account of unverifiable creditors. The Tribunal directed the Commissioner of Income Tax (Appeals) to permit the appellant to present evidence for a fresh decision. The appellant was granted the opportunity to produce necessary evidence and creditors for verification purposes, emphasizing the importance of ensuring justice and compliance with the law in assessing unverifiable creditors. The appeal was treated as allowed for statistical purposes, highlighting the significance of providing an opportunity for the appellant to verify transactions and creditworthiness. en-us Mon, 28 Mar 2022 00:00:00 +0530 Tue, 12 Apr 2022 09:17:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=420873 The Tribunal allowed the appellant's appeal against the order limiting disallowance on account of unverifiable creditors. The Tribunal directed the Commissioner of Income Tax (Appeals) to permit the appellant to present evidence for a fresh decision. The appellant was granted the opportunity to produce necessary evidence and creditors for verification purposes, emphasizing the importance of ensuring justice and compliance with the law in assessing unverifiable creditors. The appeal was treated as allowed for statistical purposes, highlighting the significance of providing an opportunity for the appellant to verify transactions and creditworthiness. Case-Laws Income Tax Mon, 28 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=420873