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Addition by AO Overruled: CIT(A) Finds No Marketing Fees Realized, No Income Additions for Assessee.

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Full Text of the Document

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....Addition solely on the basis of statement of official of assessee as recorded during the survey action - The AO has not investigated the issue and only insisted on the disclosure made by assessee. As seen that the ld.CIT(A) after considering the submission of assessee, accounts of MDHPL and the fact that no amount on account of marketing fees from the contract of assessee with MDHPL was realised. - No additions - AT....