Case Law Details
Case Name : ITO Vs Shri Mahalakshmi Metal (ITAT Chennai)
Appeal Number : ITA No. 179/Chny/2020
Date of Judgement/Order : 10/05/2023
Related Assessment Year : 2013-14
Courts :
All ITAT ITAT Chennai
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ITO Vs Shri Mahalakshmi Metal (ITAT Chennai)
ITAT Chennai held that trade payable appearing in the books of accounts duly explained. Accordingly, addition towards the same u/s 68 of the Income Tax Act is unjustified and liable to be deleted.
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