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2015 (11) TMI 281 - HC - Income TaxCommission for issuing the DDs and POs - CIT deleted the additions made in the hands of the Assessee only on the ground that in Ravinder Yadav's hand they have already been taxed - revenue contented that all the sales shown in the books were in fact bogus sales - Held that:- The CIT (A) in its order pointed out that as far as the Assessee is concerned it has in fact accounted all the receipts from the sales made to the different parties by producing all the relevant records. In fact the Revenue was unable to produce any material to counter the above facts and it was in those circumstances, the CIT (A) was persuaded to delete the addition. If in fact the genuineness of the sales have been proved by the Assessee and the amount received from such sales offered to tax then the addition made by the AO was in the facts and circumstances of the case not justified. The Court is not persuaded to hold that there is any perversity in the above factual findings of the CIT (A) and the ITAT warranting interference. - Decided against revenue.
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