https://www.taxtmi.com/caselaws?id=463253 ITAT DELHI - AT upheld CIT(A)'s deletion of additions under s.69C, finding transactions with a sister concern genuine on ledger, invoice and ITR evidence and rejecting AO's transport and timing allegations. Disallowance under s.36(1)(iii) was also directed to be deleted, the tribunal finding no justification for interest disallowance and noting prior acceptance of similar advances. The AO's addition for non-reconciliation under s.40A(2)(b) was not disturbed. Disallowance of unverified expenses was set aside for fresh verification: the matter is remanded to the AO to examine supporting bills and decide per the Income-tax Act. en-us Thu, 11 Jul 2019 00:00:00 +0530 Tue, 19 Aug 2025 21:13:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=463253 ITAT DELHI - AT upheld CIT(A)'s deletion of additions under s.69C, finding transactions with a sister concern genuine on ledger, invoice and ITR evidence and rejecting AO's transport and timing allegations. Disallowance under s.36(1)(iii) was also directed to be deleted, the tribunal finding no justification for interest disallowance and noting prior acceptance of similar advances. The AO's addition for non-reconciliation under s.40A(2)(b) was not disturbed. Disallowance of unverified expenses was set aside for fresh verification: the matter is remanded to the AO to examine supporting bills and decide per the Income-tax Act. Case-Laws Income Tax Thu, 11 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=463253