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2016 (7) TMI 917 - HC - Income TaxAddition on suppression of sales - Held that:- From the evidence on record, it surfaces that two Sales Bill No.77 dated 13.03.1997 for ₹ 6,79,840/- and Bill No.81 dated 20.03.1997 for ₹ 9,33,632/- showing sale of yarn and again two sales Bill No.77 and 81 dated 04.03.1997 for ₹ 4,58,902/- and ₹ 4,59,260/- totalling to ₹ 9,18,162/- were raised showing sale of cotton. In paragraph 9 as referred herein above, the CIT (Appeals) has given cogent and convincing reasons to arrive at the conclusion that only the profit has to be taken into account. In the facts of the case, we answer the question in favour of the assessee
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