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2015 (10) TMI 1417 - ITAT DELHI

2015 (10) TMI 1417 - ITAT DELHI - TMI - Addition under the head "inventory written off" - CIT(A) deleted the addition - Held that:- High Court of Delhi in assessee’s own case i.e. Suzuki Motorcycle (India) Pvt. Ltd. vs CIT (2013 (1) TMI 67 - DELHI HIGH COURT) and submitted that similar kind of issue of inventory written off has been allowed in favour of the assessee. Ld. DR fairly accepted that similar kind of issue for AY 2008-09 has been allowed by Hon’ble High Court in favour of the assessee .....

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Vohra, Sr. Adv. For the Respondent : Ms Debashree Rao, CA & Shri Anshul Sachar, Adv. ORDER Per Chandra Mohan Garg, Judicial Member This appeal by the revenue has been directed against the order of the CIT(A)-XII, New Delhi dated 29.1.2013 in Appeal No. 353/11-12 for AY 2008- 09. The sole ground raised by the revenue reads as under:- "1. The ld. CIT(A) erred in law and on facts in deleting the addition of ₹ 1,05,78,032/- under the head "inventory written off". 2. We have .....

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avour of the assessee and the relevant figures for verification on this limited issue for limited purpose have been remitted to the AO for verification. The relevant operative part of the order of the Hon ble High Court (supra) reads as under:- "8. We have carefully considered the facts and the rival contentions. The figures set out in the chart in Annexure G have been culled, according to the counsel for the assessee, from the accounts themselves and therefore deserve a look. There is no d .....

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