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HC remanded matter as ITAT deleted additions without assigning any valid reason

September 15, 2020[2020] 119 taxmann.com 145 (Karnataka)
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INCOME TAX: Where Assessing Officer disallowed payments made by assessee towards transportation charges for transporting mineral and Commissioner (Appeals) also upheld same for reason that no confirmations about such payments were received from transport contractors and also no relevant materials were produced by assessee so as to prove that mineral was actually transported and, thus, said payment could not be allowed under section 37(1), however, Tribunal deleted entire additions made by lower authorities except for confirming addition of a nominal amount, since Tribunal had neither assigned any valid reason nor disclosed any basis for deleting such additions made by lower authorities, impugned order of Tribunal was cryptic and same was to be set aside and matter was to be remanded

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