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TMI Blog2015 (4) TMI 827X X X X Extracts X X X X X X X X Extracts X X X X ..... ition made by the A.O. - Held that:- the balances of two creditors were on the higher side to the tune of ₹ 10 lacs in the balance sheet. The appellant admitted that the figures furnished to the bank were manipulated. The appellant admittedly obtained two sets of accounts which were at a variance. Both the statements of account were audited and signed by the same auditors on the same day. Th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rdwaj, Adv. Mr Deepanshu Jain, Adv. For the Respondent : None ORDER S. J. Vazifdar, A.C.J. (Oral) CM-21267-CII-2014 (for exemption) The application is allowed subject to all just exceptions. CM-21268-CII-2014 (for condonation of delay in re-filing) This is an application for condoning 23 days delay in re-filing the appeal. For the reasons mentioned in the applicatio ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... across the statements filed by the appellant with its bank. The statements showed purchases to the extent of ₹ 26 lacs, sales to the extent of ₹ 11 lacs and a closing stock of ₹ 15 lacs. Audited statements of account were also filed with the bank. The same were certified by the Chartered Accountant and by the appellant s partner. These statements were at variance from those furni ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... unt and the sales account as also the balances due from the parties. Apart from what is stated earlier, the balances of two creditors were on the higher side to the tune of ₹ 10 lacs in the balance sheet. The appellant admitted that the figures furnished to the bank were manipulated. The appellant admittedly obtained two sets of accounts which were at a variance. Both the statements of accou ..... X X X X Extracts X X X X X X X X Extracts X X X X
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