Addition by brushing aside the records submitted by assessee are unsustainable

PCIT Vs Sreeleathers (Calcutta High Court)

Held that assessee submitted the records. Hence, the assessee has discharged his initial burden and the burden shifts on the assessing officer to enquire further into the matter which he failed to do.

Facts-

The assessee is a firm involved in the business of trading/ retailing of footwear and other leather and non-leather accessories. AO on examination of records noticed that the assessee had received unsec

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