https://www.taxtmi.com/caselaws?id=768993 The ITAT Mumbai allowed the assessee's appeal regarding addition under section 41(1) for sundry creditors. The tribunal admitted additional evidence that was not previously considered by lower authorities. The matter was restored to the Assessing Officer for fresh consideration after proper examination and verification of the evidence submitted by the assessee. The impugned order was set aside and grounds raised by the assessee were allowed for statistical purposes. en-us Wed, 12 Mar 2025 00:00:00 +0530 Thu, 17 Apr 2025 08:37:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=768993 The ITAT Mumbai allowed the assessee's appeal regarding addition under section 41(1) for sundry creditors. The tribunal admitted additional evidence that was not previously considered by lower authorities. The matter was restored to the Assessing Officer for fresh consideration after proper examination and verification of the evidence submitted by the assessee. The impugned order was set aside and grounds raised by the assessee were allowed for statistical purposes. Case-Laws Income Tax Wed, 12 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=768993