https://www.taxtmi.com/caselaws?id=752382 ITAT Delhi dismissed revenue's appeal on two grounds. Regarding bad debts write-off disallowance, the tribunal upheld CIT(A)'s deletion of addition, finding that AO mechanically copy-pasted previous year's order without proper application of mind. On excess material consumption disallowance, CIT(A) correctly deleted addition after examining evidence including invoices, TDS details, stock valuation, and police complaints regarding material theft. The tribunal found CIT(A)'s factual findings regarding material degradation and consumption plausible, confirming no interference warranted with lower authority's decision. en-us Wed, 17 Jan 2024 00:00:00 +0530 Thu, 09 May 2024 07:21:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=752382 ITAT Delhi dismissed revenue's appeal on two grounds. Regarding bad debts write-off disallowance, the tribunal upheld CIT(A)'s deletion of addition, finding that AO mechanically copy-pasted previous year's order without proper application of mind. On excess material consumption disallowance, CIT(A) correctly deleted addition after examining evidence including invoices, TDS details, stock valuation, and police complaints regarding material theft. The tribunal found CIT(A)'s factual findings regarding material degradation and consumption plausible, confirming no interference warranted with lower authority's decision. Case-Laws Income Tax Wed, 17 Jan 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=752382