9911796707
TMI Blog2017 (4) TMI 1593X X X X Extracts X X X X X X X X Extracts X X X X ..... For the Assessee : None For the Department : Ms. S. Padmja ORDER PER BENCH: The revenue has filed appeals for assessment years 2004-05 to 2010-11 and the assessee has filed appeals for assessment years 2008-09 to 2010-11. All these appeals are directed against the common order dated 29-12-2011 passed by Ld CIT(A)-41, Mumbai. 2. None appeared on behalf of the assessee, even though the notices ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 05-02-2007. These brokers appear to have admitted that they have been providing bogus accommodation bills. During the course of search action in the hands of the assessee, sworn statements were taken from Shri Kiran N Mehta, CMD and Shri Kailash Agarwal, Joint MD. In the sworn statement, they admitted additional income of about 72.16 crores towards bogus purchase bills. Accordingly the assessment ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... y the Tribunal. Aggrieved by the orders passed by the Ld CIT(A) granting relief to the assessee, the revenue has filed these appeals before us. The Ld CIT(A), however, confirmed the disallowance of purchases made from some other parties in AY 2008-09 to 2010-11. Aggrieved, the assessee has filed these three appeals before us. 5. The Ld D.R submitted that the orders passed by the AO in the hands ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ingly we set aside the common order passed by Ld CIT(A) and restore all the matters to his file for considering them afresh by duly considering the relevant facts and subsequent developments.
7. In the result, all the appeals of the revenue and the assessee are treated as allowed for statistical purposes.
Order has been pronounced in the Court on 24.4.2017. X X X X Extracts X X X X X X X X Extracts X X X X
|
