https://www.taxtmi.com/caselaws?id=426660 The Tribunal upheld the decisions of the Ld. CIT(A) on various issues, dismissing the Revenue's appeal and partly allowing the appellant's appeal. The Tribunal found that the Assessing Officer's additions were not sustainable as the appellant provided reconciliations and necessary documentation. The additions on sundry creditors and cash receipts/payments were deleted due to verifiable transactions and explanations provided by the appellant. The Tribunal also concluded that the applicability of certain sections was not actionable as no steps were taken by the Assessing Officer against the assessee. en-us Thu, 28 Jul 2022 00:00:00 +0530 Mon, 22 Aug 2022 17:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=426660 The Tribunal upheld the decisions of the Ld. CIT(A) on various issues, dismissing the Revenue's appeal and partly allowing the appellant's appeal. The Tribunal found that the Assessing Officer's additions were not sustainable as the appellant provided reconciliations and necessary documentation. The additions on sundry creditors and cash receipts/payments were deleted due to verifiable transactions and explanations provided by the appellant. The Tribunal also concluded that the applicability of certain sections was not actionable as no steps were taken by the Assessing Officer against the assessee. Case-Laws Income Tax Thu, 28 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=426660