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2018 (1) TMI 1396 - HC - Income TaxAddition u/s 68 - assessee had claimed bogus expenses - CIT(A) deleted the additional sum after verifying the expenses and observing that the payments were made through banking channels and that the service providers, in respect to whom expenses were claimed, were income tax assessee - ITAT confirmed these findings - Held that:- Upon an overall conspectus of the circumstances, it is evident that the CIT(A) carried out a detailed analysis of the material on record, including, especially with respect to the genuineness of the transaction, whereby, the service providers were paid money towards expenses claimed in the assessee’s returns. These findings are also collaterally supported by the fact that the service providers were income tax assessee. The ITAT confirmed these findings of fact. In the opinion of the Court, no question of law arises.
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