9911796707
TMI Blog2012 (2) TMI 351X X X X Extracts X X X X X X X X Extracts X X X X ..... ed by the CIT(Appeals) and the Tribunal, we do not find any reason to interfere – Decided against the Revenue. - ITA 469/2011 - - - Dated:- 21-2-2012 - MR. JUSTICE SANJIV KHANNA, MR. JUSTICE R.V. EASWAR, JJ. For Appellant: Mr. N P Sahni, sr. standing counsel For Respondent: Mr. A S Anand, Adv. SANJIV KHANNA, J: (ORAL) The present appeal by the Revenue under Section 260A of ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Delhi-6 and submits that computer traders did not operate from the said area. He further submits that the authorized representative/chartered accountant of the respondent-assessee and Makkar Traders were the same. 3. Ld. standing counsel for the Revenue is raising new facts and grounds for the first time which were not referred to or stated in the assessment order. These facts/grounds, it is ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ot received by family members. The authorized representative furnished another address of M/s. Makkar Traders from where the business in conducted. The authorized representative was asked to certify and confirmed the above credit balance shown by the assessee. However no confirmation was filed by the assessee even after given many opportunities. The assessee company was asked to submit a copy of p ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... he following years and to explain the current status. On the examination of record, the CIT(Appeals) observed and found that the assessee had furnished copy of the income tax return of Makkar Traders for the assessment year 2006-07, with the copy of their income and expenditure account and balance sheet for the year ending 31.03.2006. The respondent-assessee had also furnished copy of the ledger a ..... X X X X Extracts X X X X X X X X Extracts X X X X
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