ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-1, GUWAHATI vs. SHRI PARAN JYOTI SAIKIA, GUWAHATI

In the result, the appeal filed by the Revenue is dismissed

Bench: Sri Rajpal Yadav(Kz) & Dr. Manish Borad

69C of the Act observing as follows: “In this case, it is noted that the disallowance of sub-contractor charges was made by the AO on account of purported failure of the Appellant to adduce the evidence as would prove the identity, creditworthiness and genuineness of the expense amounting to Rs. 1,62,77,232/- claimed by the Appellant under