9911796707
TMI Blog2015 (10) TMI 1439X X X X Extracts X X X X X X X X Extracts X X X X ..... which has properly been appreciated by them and the addition in dispute has been rightly been deleted by the Ld. First Appellate Authority. No interference is called for in the well reasoned order passed by the Ld. First Appellate Authority, uphold the impugned order by dismissing the appeal filed by the Revenue. - Decided in favour of assessee. - ITA No.2716/Del/2014 - - - Dated:- 20-8-2015 - ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ses were business expenditure in spite of the fact that the assessee failed to establish their genuineness before the Assessing Officer during the course of assessment proceedings. 3. The appellant craves to add, amend, modify or later any grounds of appeal at any time or before the hearing of the appeal. 2. Notice of hearing was issued to the assessee on the address given in Form no.3 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Revenue has filed the present appeal against the order of the First Appellate Authority. 4.3. At the time of hearing Ld.Sr.D.R. relied on the order of the A.O. and the contentions raised by the Revenue in the grounds of appeal. 4.4. After hearing the Ld.Sr.D.R., perusing the relevant material available on record, I am of the view that the Ld. First Appellate Authority has adjudicated the iss ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ssment proceedings and, therefore, these are not in the nature of additional evidence. 6.2 I have duly considered the submissions made by the appellant and other documents furnished by the appellant in support of the transaction. Various documents furnished by the appellant established the genuineness of payment by the appellant to M/s Shyam Enterprises. The payments have been made through a ..... X X X X Extracts X X X X X X X X Extracts X X X X
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