https://www.taxtmi.com/caselaws?id=775494 The ITAT Patna set aside the CIT(A)'s order deleting the addition on account of closing stock, directing the AO to re-examine the issue with proper verification of books, vouchers, and related documents, as the assessee failed to furnish necessary details despite repeated requests. The mere existence of audited accounts was held insufficient without AO's verification. Regarding delayed deduction under section 36(1)(va) for employee contributions to PF and ESI, the Tribunal upheld the CIT(A)'s denial of relief, relying on precedent that the issue is settled law and not open for reconsideration. en-us Tue, 03 Jun 2025 00:00:00 +0530 Sat, 26 Jul 2025 08:39:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=775494 The ITAT Patna set aside the CIT(A)'s order deleting the addition on account of closing stock, directing the AO to re-examine the issue with proper verification of books, vouchers, and related documents, as the assessee failed to furnish necessary details despite repeated requests. The mere existence of audited accounts was held insufficient without AO's verification. Regarding delayed deduction under section 36(1)(va) for employee contributions to PF and ESI, the Tribunal upheld the CIT(A)'s denial of relief, relying on precedent that the issue is settled law and not open for reconsideration. Case-Laws Income Tax Tue, 03 Jun 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=775494