2018 (11) TMI 656 - SCH - Income Tax

Addition u/s 68 - assessee had claimed bogus expenses - CIT(A) deleted the additional sum after verifying the expenses and observing that the payments were made through banking channels and that the service providers, in respect to whom expenses were claimed, were income tax assessee - ITAT confirmed these findings - Held that - Special Leave Petition is dismissed in view of the low tax effect.