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2017 (2) TMI 1188 - ITAT AHMEDABADAddition made on account of disallowance of electricity expenses - Held that:- After heating both the sides and perusal of materials on record, we observed that the assessee has made payment by cheque to the torrent power company limited towards the power bills and we have also noted the finding of the learned CIT appeal stating that assessing officer has not made any adverse remarks over the submission of the assessee made during the appellant proceedings before the learned CIT appeal. In view of these facts , we do not find any reason to interfere in the finding of the learned CIT appeal. - Decided against revenue Addition u/s 68 - Held that:- After perusal of the above information and findings of the ld. CIT(A), that identity, creditworthiness and genuineness of all the four parties have been established by the assessee, we do not find any reason to interfere in the findings of the ld. CIT(A). The appeal of the revenue is dismissed.
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