ITAT Deletes Disallowance made by AO without undertaking Independent Inquiry u/s 133(6) of Income Tax Act

The ITAT has deleted a disallowance made by an Assessing Officer (AO) who failed to undertake an independent inquiry under Section 133(6) of the Income Tax Act. The tribunal's decision provides a significant victory for the taxpayer. The ruling clarifies that a tax authority cannot add a sum to a taxpayer's account for a mere technicality. The court’s decision is a crucial reminder to all tax authorities to follow due process. The tribunal’s decision is a crucial precedent for other cases.