https://www.taxtmi.com/caselaws?id=778750 ITAT DELHI - AT allowed the appeal and deleted additions under s.41(1) and related disallowances. The Tribunal found commission entries were not actually paid, no evidence of remission/cessation of liability was produced, and the assessee had furnished creditor details including PANs which the AO did not verify with jurisdictional AOs. Regarding disputed cash deposits, records showed withdrawals from the same bank and disposal of old business assets; the AO failed to examine bank statements, cash book and prior-year filings. On these facts the additions were deleted and grounds were decided for the assessee. en-us Wed, 17 Sep 2025 00:00:00 +0530 Mon, 22 Sep 2025 08:33:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=778750 ITAT DELHI - AT allowed the appeal and deleted additions under s.41(1) and related disallowances. The Tribunal found commission entries were not actually paid, no evidence of remission/cessation of liability was produced, and the assessee had furnished creditor details including PANs which the AO did not verify with jurisdictional AOs. Regarding disputed cash deposits, records showed withdrawals from the same bank and disposal of old business assets; the AO failed to examine bank statements, cash book and prior-year filings. On these facts the additions were deleted and grounds were decided for the assessee. Case-Laws Income Tax Wed, 17 Sep 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=778750