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2015 (12) TMI 900 - AT - Income TaxAddition made on account of suppression of sales - CIT(A) deleted the addition - Held that:- CIT(A) has given a finding that it has not been shown by the AO that the assessee has wrongly recorded the sale price in the books. He further observed that this observation leads to suspicion and can be the starting point for investigation but this cannot be the basis for rejecting the books. The A.O. should have carried out inquiries with the buyers to confirm his suspicion before concluding that the books were defective. As no specific defect has been shown in the books, they could not be rejected. We find merit into this contention of the ld.CIT(A) that the AO has not made any enquiry from the buyers to verify the actual sale price. In the absence of the same, in our considered view, the AO was not justified in rejecting the books of account and making the addition. Therefore, we do not see any reason to interfere with the order of the ld.CIT(A), same is hereby upheld - Decided against revenue
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