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2019 (9) TMI 863 - ITAT DELHIAddition u/s 68 - disallowing unsecured loan - HELD THAT:- A.O. has not established as to how the documentary evidences furnished by the assessee were contrary to the human probabilities and circumstantial evidences. The Assessing Officer has not established as to what are the reasons and evidences on the basis of which he is alleging the loan creditors as paper companies and the transactions as fake loans. No parity in the facts of the decisions relied upon with the peculiar facts of the case in hand. Therefore, in view of the aforesaid factual matrix and legal position, the addition made by Assessing Officer was rightly deleted by the Ld. CIT(A), which does not need any interference on our part - Decided in favour of assessee Addition on account of Commission paid - HELD THAT:- In view of findings given for ground No. 1 as aforesaid, the addition made by the Assessing Officer was rightly deleted by the Ld. CIT(A), which does not need any interference on our part, hence, we uphold the action of the Ld. CIT(A) on the issue in dispute and accordingly, reject the ground no. 2 raised by the revenue.
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