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2017 (1) TMI 1823 - AT - Income TaxEstimation of income - bogus/unverifiable purchases - rejection of books of accounts - HELD THAT:- AO had applied 25% gross profit rate on unverified purchases which has been confirmed by the ld. CIT(A) which was the subject matter of appeal before the Coordinate Bench who has set aside the issue relating to estimation of profits and restored the matter back to the file of the AO to decide the same afresh. From the perusal of records, it is also noted that the provisions of Section 153(2A) of the Act were not brought to the notice of this Tribunal. We accordingly recall the order passed by the Coordinate Bench of this Tribunal [2015 (5) TMI 1253 - ITAT JAIPUR] and direct the Registry to fix the matter for fresh hearing in due course.
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