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TMI Blog2016 (12) TMI 416X X X X Extracts X X X X X X X X Extracts X X X X ..... i,G.Krishna,R.K.Upadhyay,S.Chopra ORDER Heard Sri S.D. Singh, learned Senior Counsel assisted by Sri Harshvardhan Gupta and Sri Krishna Agarwal, learned Counsel for the department. This is an assessee's appeal under Section 260A of the Income Tax Act, 1961 against an order of the Tribunal dated 13.10.2006 for the assessment year 1997-98. The question of law referred to is hereunder:- "Whe ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... -2-97 has estimated expenses under various heads at Rs. 7,97,547/-. The perusal of this report clearly shows that there is absolutely no basis for the estimates. No bills or vouchers have been collected from the person's concerned to show that appellant showed less expenses under any head. The bills and vouchers enclosed with the rport are one, which have been produced by teh appellant to supp ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... peals) has given good reasons for deleting the addition. The Tribunal also does not record any error or reasoning in the order passed by the Commissioner (Appeals). The order of the Tribunal is wholly without any reason. In view of the above, the order of the Tribunal is set aside and the order of the Commissioner is confirmed. The question of law is answered in favour of the assessee and against ..... X X X X Extracts X X X X X X X X Extracts X X X X
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