Tribunal Removes Tax Addition, Acknowledges Evidence of Higher Rates from Unrelated Parties and Lack of Tax Advantage Motive.

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....Addition made u/s. 40A(2)(b) for excess payment made to related party - The tribunal noted that the assessee provided substantial evidence of higher purchase rates from unrelated parties and that both entities were in a loss scenario, negating any tax advantage motive. Thus, the addition was deleted.....