https://www.taxtmi.com/caselaws?id=768869 The ITAT Mumbai dismissed the Revenue's appeal challenging CIT(A)'s deletion of disallowances for alleged bogus inter-branch purchases and unexplained expenditure under Section 69C. The AO had initially made additions but later accepted the assessee's claim after document verification through a remand report. The ITAT held that once the AO accepted the assessee's position after due verification, the Revenue could not challenge the CIT(A)'s reliance on the remand report. Citing precedent, the tribunal noted that departments cannot be aggrieved by orders based on their own concessions. The cross-objection filed by the assessee was deemed inadmissible as it merely supported the favorable order rather than challenging any adverse findings. en-us Mon, 10 Mar 2025 00:00:00 +0530 Tue, 15 Apr 2025 08:35:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=768869 The ITAT Mumbai dismissed the Revenue's appeal challenging CIT(A)'s deletion of disallowances for alleged bogus inter-branch purchases and unexplained expenditure under Section 69C. The AO had initially made additions but later accepted the assessee's claim after document verification through a remand report. The ITAT held that once the AO accepted the assessee's position after due verification, the Revenue could not challenge the CIT(A)'s reliance on the remand report. Citing precedent, the tribunal noted that departments cannot be aggrieved by orders based on their own concessions. The cross-objection filed by the assessee was deemed inadmissible as it merely supported the favorable order rather than challenging any adverse findings. Case-Laws Income Tax Mon, 10 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=768869