https://www.taxtmi.com/caselaws?id=764689 ITAT Delhi dismissed revenue's appeal against CIT(A)'s deletion of addition made in assessee company's hands regarding cash payments to farmers seized during search. Court found assessee acted merely as commission agent for another company, with no evidence of asset purchase or payments routed through assessee's bank accounts. CIT(A) had remitted matter back to AO for proper verification, causing no prejudice to revenue. Addition deletion upheld. en-us Fri, 30 Aug 2024 00:00:00 +0530 Thu, 16 Jan 2025 08:17:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=764689 ITAT Delhi dismissed revenue's appeal against CIT(A)'s deletion of addition made in assessee company's hands regarding cash payments to farmers seized during search. Court found assessee acted merely as commission agent for another company, with no evidence of asset purchase or payments routed through assessee's bank accounts. CIT(A) had remitted matter back to AO for proper verification, causing no prejudice to revenue. Addition deletion upheld. Case-Laws Income Tax Fri, 30 Aug 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=764689