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2021 (8) TMI 153 - AT - Income TaxAddition of sundry creditors payable including expenses outstanding by AO u/s 41(1) on cessation of liability - notice u/sec 133(6) of the Act issued by the AO was returned unserved and the parties have not filed confirmation of outstanding balances and also few parties have denied having made any transaction with the assessee - CIT-A deleted the addition - HELD THAT:- On perusal of the assessment order find that the assessee in the A.Y.2016-17 has written back the sundry creditors in the profit and loss account. When the question was raised to the Ld.DR on written back of sundry creditors balance the Ld.DR relied on the findings of the Assessing officer. The Ld.AR of the assessee submitted that the sundry creditors are not disputed nor fictitious and the Ld.CIT(A) has considered the overall facts and relied on the judicial decisions and granted relief to the assessee. We find that the CIT(A) has passed an elaborate order covering various facts, system of accounting, provisions of law and the judicial decisions and passed a reasoned order. Accordingly, we do not find any infirmity in the order of the CIT(A) and uphold the same and dismiss the grounds of appeal of the revenue
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