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2014 (7) TMI 590 - AT - Income TaxExpenses treated as non-genuine purchases – AO has made disallowance in respect of those parties where there was difference in amount and to whom notices u/s. 133(6) were sent and returned back unserved or no reply of the parties was received - Held that:- While deciding the appeal FAA had not discussed anything about the discrepancies noted and communicated by the AO - time allowed by the AO to the assessee to file details was insufficient, but the FAA had ample time to decide the issue - When the AO had given a categorical finding of fact about the discrepancies in his order, it was the duty of the FAA to deal the issue on merits before allowing the appeal filed by the assessee - it was essential as the assessee had not filed details before the AO – thus, the matter is to remitted back to the FAA for fresh adjudication – Decided partly in favour of Revenue.
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