2012 (8) TMI 632

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..... Jose Joseph for the Respondent. JUDGMENT C.N. Ramachandran Nair, J. - Heard learned counsel for the appellant and learned Standing Counsel for the Department. 2. After hearing both sides and after going through the orders impugned, we do not find the dispute raised by the appellant involves any substantial question of law because it is only rejection of assessee's explanation with regard to ce .....

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..... y the assessee. Therefore one more rectification was made to reverse the mistake in the rectification carried out to the original assessment. In the reply, the assessee conceded his mistake but raised certain other claims. The Assessing Officer rectified the assessment on an agreed basis but simultaneously rejected additional loans claimed by the assessee from 3 other persons for want of convincin .....

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