2002 (12) TMI 202

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..... rise out of the order of CIT(A), Shimla, dt. 14th May, 1996, for the asst. yr. 1990-91. 2. The brief facts of the case are that the assessee filed his return of income declaring income at Rs. 25,620 on 22nd Nov., 1991. The assessee maintained regular books of account which were duly produced before the AO. These books of accounts of the assessee like cash book, ledger which were produced before t .....

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..... ,860. Revenue as well as the assessee being aggrieved by the order of CIT(A), have come in appeal before us. 2.2. We have heard the rival submissions and perused the material on record, we have also gone through the order of the AO as well as of the CIT(A). We find that the AO has given clear findings in his assessment order at para-2 that the assessee has produced books of account consisting of .....

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..... O on the basis of Departmental valuation report. 2.3. In view of our aforesaid findings, the appeal filed by the Revenue against the deletion of the addition by the CIT(A) on account of unexplained investment in the construction of nursing home, stands dismissed, and the appeal filed by the assessee stands allowed. 2.4. We find that the CIT(A) could not look at para-2 of the assessment order and .....

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