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2022 (5) TMI 1372 - AT - Income TaxDisallowance of brokerage paid to various persons by considering them to be ingenuine - HELD THAT:- As noted that the assessee has provided all the details of the brokers like Income Tax Returns, Copy of Bank Statements, Pan Card Details, Addresses of the brokers and nothing has been found wrong except the lady brokers did not appear before the AO for verification. When the Department has accepted the Income Tax Returns of the brokers and did not find any infirmity then it is not imperative by the AO to compel the lady brokers for verification whose details have already been provided by the ld. AR of the assessee as per the format of the AO. Hence, in this view of the matter, we do not concur with the orders of the lower authorities and the disallowance sustained by the ld. CIT(A) is deleted. Thus the appeal of the assessee is allowed.
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