2012 (8) TMI 197

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..... s. - ITA 1183/2011 - - - Dated:- 26-7-2012 - MR. JUSTICE S. RAVINDRA BHAT, MR. JUSTICE R.V. EASWAR, JJ. For Appellant: Ms.Rashmi Chopra, Sr.Standing Counsel For respondent: Mr.Ved Jain, Advocate MR. JUSTICE S.RAVINDRA BHAT (OPEN COURT) 1. The Revenue is aggrieved by an order of the Income Tax Appellate Tribunal (ITAT) dated 6th May, 2011 whereby the Appeal of the assessee .....

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..... larly the offer made by the assessee to add back the said trading liability amounting to Rs.55,19,650/- in his return for the assessment year 2009-2010 under Section 41(1), the Commissioner (Appeals) set aside the addition of Rs.26,84,276/-lakhs and at the same time directing that it would be substituted with a sum of Rs.55,19,650/- in the assessment year 2006-2007. The assessee s appeal inter-ali .....

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