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2014 (2) TMI 463 - AT - Income TaxDeduction claimed u/s 10A of the Act Form No. 56F not furnished Held that:- The assessee has furnished all the details in support of its claim of deduction u/s. 10A before the Assessing Officer and the only reason given by the Assessing Officer in the assessment order for non-allowing of the claim was the non-furnishing of Form 56F - The same Form was admitted by the Commissioner of Income Tax (A) in the appellate proceedings thus, there was no infirmity in the order of the CIT(A) Decided against Revenue. Addition made on account of depreciation Held that:- The Assessing Officer has inter-alia noted that the bills of contractors for the construction were not produced before him - There is nothing on record to show that these submissions of the assessee were put before the Assessing Officer - the Assessing Officer has noted that assessee has not produced any bill of contractor for construction - interest of justice demands in the case that Assessing Officer be given an opportunity to go through these bills and satisfy himself about the veracity of the same the matter remitted back to the AO for fresh adjudication. Deletion of addition on account of unexplained sundry creditors - The Assessing Officer in this regard has noted that assessee has failed to produce the confirmation certificate from sundry creditors it was not produced before the CIT(A) - the addition on account of sundry creditors was unjustified - Commissioner of Income Tax (A) has erred in this regard - Assessing Officer wanted to examine the sundry creditors - But the assessee did not provide the confirmation certificate - CIT (A) has not himself made the verification - the veracity of sundry creditors is not established the matter remitted back to the AO for fresh adjudication Decided in favour of Revenue.
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