1994 (4) TMI 109

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..... account period is Besakhi, 1987. On24th Sept., 1986, a survey under s. 133A was conducted at the business premises of the assessee when list of stock was prepared. The list so prepared indicated such excess stock at Rs. 38,795. During the course of assessment proceedings, the assessee was given an opportunity to explain the excess stock found at the time of survey. The assessee disputed basis of .....

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..... d by the Assessing Officer in working out the alleged excess stock as untenable, the learned CIT(A) ought to have deleted the entire addition. He submitted that even otherwise no unaccounted purchase and sales are noticed by the Assessing Officer. Shri Sampath also referred to the order of the Tribunal dt. 30th June, 1993 in ITA No. 6079/Del/89; asst. yr. 1987-88 in the case of Dharam Parkash, Pro .....

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