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2010 (8) TMI 60 - DELHI HIGH COURTAdditions on account of unverifiable purchase - unexplained expenses - Held that: - both the CIT(A) and ITAT deleted the addition made by the Assessing Officer. In fact, the assessee had purchased raw material and also got the job work done from the same parties in both earlier and subsequent assessment years. The Assessing Officer in the subsequent Assessment Year of 2004-05 has accepted all these parties and transactions as genuine. Moreover, both the CIT(A) and Tribunal have found that payments had been made to these parties through banking channels and tax had been deducted at source on the payments made towards job work charges - order of CIT(A) and ITAT maintained.
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