Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2012 (9) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2012 (9) TMI 960 - ITAT COCHINAddition of freight payments u/s. 40(a)(ia) - amounts which have already been paid during the course of relevant previous year without deducting tax at source - Held that:- The assessee has filed a statement before us in both the cases, wherein the details of freight debited, freight paid and freight payable are given. In our view these facts require verification at the end of the Assessing Officer. Accordingly, we set aside the orders passed by the Ld. CIT(A) in the hands of both the assesses and restore the matters back to the file of the Assessing Officer with a direction to verify the statement furnished by the assessee before the Bench and decide the issue by following the decision of the Special Bench of ITAT, Vishakapatnam in the case of Merilyn Shipping & Transports [2012 (4) TMI 290 - ITAT VISAKHAPATNAM]. In the result, the appeals of the assesses are treated as allowed for statistical purposes.
|