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Bench: Shri Sanjay Arora & Shri Manomohan Das
section 143(3) of the Income Tax Act, 1961 (the Act) dated 23.11.2016 for Assessment Year (AY) 2014-15. 2. The brief facts of the case are that the assessee-firm’s, a wholesale dealer in food products, etc., balance sheet as at the end of the relevant year reflected sundry credits at Rs.34.73 lakhs comprising 14 creditors, which