ITAT Deletes Hasty Addition made by AO, Citing Lack of Due Diligence

Ankit Impex Marketing Services Pvt. Ltd. Vs ITO (ITAT Kolkata) Introduction: Ankit Impex Marketing Services Pvt. Ltd. contested two appeals against the orders of the Commissioner of Income Tax (Appeals), National Faceless Appeal Centre (NFAC), Delhi, for the Assessment Years 2013-14 and 2014-15 before the ITAT Kolkata. The appeals questioned the confirmation of disallowances related to commission payments. Detailed Analysis: The Assessing Officer (AO) disallowed commission payments totaling Rs.22,83,800/- and Rs.19,22,641/- for AYs 2013-14 and 2014-15, respectively, alleging failure by the ass...