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2018 (10) TMI 861 - ITAT KOLKATAPurchases disallowance - Held that:- We find no merit in the instant argument as the Assessing Officer himself has made it clear in his remand report dated 25.05.2016 (supra) that assessee successfully verified the relevant purchase vouchers with the originals. He appears to have concluded that only vouchers of ₹2,99,461/- and tools amounting to ₹1,40,200/- could not be produced or were found to have been claimed as damaged / scrap. We conclude in these facts that the Revenue can hardly be held to be aggrieved against the CIT(A)’s findings since the AO has himself confirmed the impugned purchase disallowance to the extent of ₹4,39,661/- only during remand proceedings. We accordingly uphold the CIT(A)’s findings granting part relief to the assessee with a rider that same shall not be treated as a precedent in any other case. - Decided in favour of assessee.
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