Dismissing the appeal of the revenue the Tribunal held that, when the Assessing Officer has not given any adverse comment in the remand report, the deletion of addition is held to be valid. Tribunal also held that when there is no defects are found in the books of account, the deletion of addition is held to be justified. (AY. 2012-13)
ITO v. Abhishek Agarwal (2021) 85 ITR 494 (Delhi)(Trib.)
S. 143(3) : Assessment-Bogus purchases-Addition based on the report of Inspector-Remand report no adverse comment-Deletion of addition is held to be justified-No defects in the books of account-Addition cannot be made.