Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 2011 (3) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2011 (3) TMI 425 - ALLAHABAD HIGH COURTAddition - The assessee who is the manufacturer of locks - The Assessing Officer made certain additions in the returned income of the assessee on the ground that in the earlier preceding assessment year 1988-89, additions were made - The chart clearly shows that for the assessment year 1988-89, the sales were to the extent of Rs.52,00,300/- while in the relevant assessment year, the sales were to the extent of Rs.55,75,029 - The order of the Tribunal is, therefore, vitiated as it has proceeded on a wrong assumption of fact - In this view of the matter, find that the Tribunal has committed a substantial error of law in passing the order under appeal
|