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2017 (2) TMI 1390 - AT - Income TaxUnexplained expenditure u/s 69C - bogus purchases - Held that:- Books of account was duly audited and payments were made from undisclosed source/disclosed bank account and all the payments are account payee cheque and no region to doubt the purchases. AO was not rejected the books of account. The assessee further filed the letter of confirmation of the supplier copy of bank statement showing the entries of cement and stock reconciliation statement, further the sale and purchase were not doubted by the AO, the substantial amount of sale by the assessee was to the government Department. Commissioner (Appeals) allowed the appeal of the assessee on the basis of principle of consistency as the similar addition/disallowance was deleted from the assessment of subsequent year. The ld DR could not differentiate as to how the facts for the year under consideration was different for the assessment year 2010-11. Hence, we do not find any ground to interfere in the finding of ld Commissioner (Appeals). - Decided against revenue
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