Assessing Officer made addition under section 41(1) on ground that sundry creditors were outstanding for more than three years and since assessee had not been able to provide either confirmation from sundry creditors or latest financial statement of said creditors, such sum was taxable under section 41(1). CIT(A) deleted the addition. On appeal  the Tribunal held that the  assessee had written off credit balance of both parties under consideration during assessment year 2017-18 which was supported by financials produced by assessee. Order of CIT(A) deleting the addition is affirmed. (AY. 2015-16)