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TMI Blog2011 (3) TMI 79X X X X Extracts X X X X X X X X Extracts X X X X ..... been found that in the subsequent year the C.I.T. (A) had accepted wastage in respect of bead-wires at 2.39% and in respect of valve-bodies at 1.65% for that year - The wastage was 1.65% in the assessment year 1987-88, 0.13% in the assessment year 1988-89 and 0.93% in the assessment year 1989-90 - The Tribunal also found that it is a question of making estimate and allowed wastage of bead-wires an ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... A.Y. 1989-90 in assessee's case without considering the position that in the present year the addition was made for unaccounted production unlike the A.Y. 1989-90 wherein the addition was made on account of excess consumption ? (2) Whether on the facts and in the circumstances of the case, Ld. ITAT was legally justified in allowing further relief to the assessee holding that the wastage in re ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... al before the Commissioner of Income Tax (Appeal), who allowed the appeal of the assessee in part vide order dated 6th February, 1994. Both the Department as well as the assessee preferred further appeal before the Income Tax Appellate Tribunal (Delhi Bench "C" : New Delhi), who partly allowed the appeal filed by the assessee and dismissed that of the Department. Heard Shri A.N. Mahajan, learn ..... X X X X Extracts X X X X X X X X Extracts X X X X
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