Held that the expenditure incurred by the assessee is duly supported by third-party invoices as well as contracts entered into by the assessee with the said companies, and the transactions are duly recorded in the assessee’s books of accounts, AO was not justified in making the addition by treating the said expenditure as bogus. Tribunal also held that S. 69C has no applicability in cases where the expenditure is recorded in the books of accounts. Order of CIT(A) deleting the addition was affirmed. (AY. 2016-17)