ITAT Raipur Judgments — May 2018

The Tribunal held that the CIT(A) erred in confirming the additions made by the AO. Since the Raipur Bench of the ITAT had decided identical issues in favour of the assessee in a previous assessment year, the CIT(A) should have followed that precedent.

The Tribunal upheld the CIT(A)'s decision to delete the addition, finding that the loose paper contained projected figures without any corroborative evidence of actual expenditure. The addition was not sustainable based solely on the seized paper.

The Tribunal upheld the CIT(A)'s order, finding that the assessee had provided sufficient documentary evidence to substantiate the agricultural income claim. The AO had made the addition on suspicion without proper verification.

The Tribunal held that the amounts debited were trade discounts allowed to retailers to promote business, not commission payments subject to TDS. Following the precedent of the Cuttack ITAT bench, the disallowance made under Section 40(a)(ia) was deleted.

The Tribunal upheld the CIT(A)'s decision to dismiss the appeal. The assessee's failure to produce necessary bills, vouchers, and evidence for business expenditure justified the confirmation of additions made by the AO.