2016 (11) TMI 793

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....ardwaj, Advocate JUDGMENT S. J. Vazifdar, Actg.C.J. 1. Invoking the provisions of section 260A of the Income-tax Act, 1961 (hereinafter referred to as "the Act"), the present appeal has been preferred by the Revenue to challenge therein the order of the Income-tax Appellate Tribunal, Delhi Bench "A", New Delhi (hereinafter referred to as "the Tribunal"). 2. The matter in question perta....

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....editors. For arriving at that conclusion, the Assessing Officer noted that in spite of opportunity granted, none of the afore-referred five creditors/vendors had been produced by the assessee and no reason for the same had been offered. 4. The Commissioner of Income-tax (Appeals), Faridabad and the Tribunal, after examination of the entire record, inter alia, noted that for the assessment year ....

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....ted in the proceedings before the Assessing Officer by giving details of the disputed creditors, but such information was not acted upon by the Assessing Officer in accordance with the prescribed procedure and was wrongly brushed aside by him only on the ground that the same had been provided at a late stage of the proceedings. The Assessing Officer was found to have the necessary particulars rega....