https://www.taxtmi.com/caselaws?id=426664 The Appellate Tribunal set aside the addition of Rs.7,52,48,754 related to sundry creditors for further adjudication by the ld. Commissioner of Income Tax (Appeals), emphasizing the need for proper verification and consideration of transactions. The Tribunal allowed the Revenue's appeal for statistical purposes, stressing the importance of providing the assessee with a fair opportunity for redressal and thorough examination of tax assessments involving parties like M/s. Compact Agencies Pvt. Ltd. and SSK Ispat. en-us Fri, 29 Jul 2022 00:00:00 +0530 Tue, 23 Aug 2022 08:21:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=426664 The Appellate Tribunal set aside the addition of Rs.7,52,48,754 related to sundry creditors for further adjudication by the ld. Commissioner of Income Tax (Appeals), emphasizing the need for proper verification and consideration of transactions. The Tribunal allowed the Revenue's appeal for statistical purposes, stressing the importance of providing the assessee with a fair opportunity for redressal and thorough examination of tax assessments involving parties like M/s. Compact Agencies Pvt. Ltd. and SSK Ispat. Case-Laws Income Tax Fri, 29 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=426664