1981 (12) TMI 57

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..... last year of the assessee's business who dealt in purchase and sale of country liquor. The total sale was shown at Rs. 2,31,726 and the ITO on the plea that no rate of sale was fixed by the Government and average sale price of full bottle came to Rs. 15 only whereas in other comparable cases, according to the ITO, the same worked out to Rs. 16 and Rs.17 per bottle, he, on the basis of estimate, m .....

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..... r of the AAC. 5. After taking into consideration the rival submissions, we are unable to sustain the addition because the comparable cases on which the ITO placed his reliance wherein liquor @ Rs.16 and Rs.17 per bottle, was not put to the assessee. On the other hand, the assessee the pointed out the cases of M/s. Daya Singh Lekh Raj Co., Faridkot, and M/s. Deep Kumar Naunidh Singh, Jaitu Man .....

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