CIT(A) Deletion of Bogus Expenditure Additions upheld: ITAT affirms need for Substantive Evidence [Read Order]
Specifically, the ITAT highlighted that the AO's reliance on informal communications, such as WhatsApp messages, was insufficient to establish that the expenses in question were bogus
The Chennai Bench of Income Tax Appellate Tribunal(ITAT) upheld the deletion of bogus expenditure additions made by the Commissioner of Income Tax (Appeals) [CIT(A)]. This decision reinforced the principle that any disallowance of expenses must be supported by substantial evidence.The revenue-appellant filed an appeal for AY 2015-16 against the order of the CIT(A), dated March…
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