RAMESH KESHRI,RANCHI vs. ITO WARD W2(3), RANCHI

In the result, this appeal of assessee is allowed

Bench: Shri Partha Sarathi Chaudhuryramesh Keshri, I.T.O., Near Suzuki Showroom, Piska More, Ward 2(3), Vs. Ranchi-834005 (Jharkhand) Ranchi. Pan No. Aftpk 1039 B Appellant/ Assessee Respondent/ Revenue

disallowance of trade discount. At para four (4) of the assessment order, it is noted as follows: "4.0 A letter under section 133(6) of the Income Tax Act, 1961 was issued to M/s Neutral Publishing House Limited on 20/09/2018. The contents of the letter are reproduced as under: "The case of Shri Ramesh Keshri, PAN: AFTPK

ACIT, CIRCLE-3, RANCHI vs. SHRI SUMIT RAMSISARIA, RANCHI

Bench: Shri J.Sudhakar Reddy & Shri S.S.Godara

disallowed and added to the total income of the assessee. In the instant case, the balances of many of the sundry creditors were outstanding coming from earlier years. Payments were made to some or the creditors during the year. The said payments have been accepted by the AO which means genuinity of the payments to these creditors as well

JAMIPOL LTD,JAMSHEDPUR vs. ACIT, JAMSHEDPUR

In the result, both the appeals of assessee being ITA Nos

disallowance can be made on adhoc basis, which is not at all maintainable in the eye of law. Therefore, ground no.1 relating to addition of Rs. 49,42,950/- on account of Other expenses, Traveling expenses, Advertisement, Promotion & Selling of expenses made by the AO and confirmed by the CIT-A is deleted. 34. Ground no. 2 relating to confirmation