TMI Blog2007 (5) TMI 185X X X X Extracts X X X X X X X X Extracts X X X X ..... elled & blank bill were also produced by assessee, and tribunal found that all the bill numbers were entered in sale register & they were tallied, so there is no undisclosed income – revenue’s appeal dismissed - ITA NO 118/2004 - - - Dated:- 9-5-2007 - MADAN B. LOKUR and V.B. GUPTA JJ. 1 The Revenue is aggrieved by an order dated 19th February, 2003 passed by the Income Tax Appellate Trib ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s premises of the Assesses on 22nd February, 1996. Among the documents recovered were a register with reference to some cancelled and blank bills. On the basis of this, an estimation was made of the income of the Assesses for the assessment year 1996-97 (there is no dispute for the prior period). 5 At the time of hearing the appeal before the Tribunal, on the statement of the Departmental Re ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... were accepted by the Revenue. Copies of the acknowledgement receipt of the return were filed by the learned counsel for the Assesses before the Tribunal. 7 On these facts, the Tribunal came to the conclusion that there was no ground for making any estimation of the sales by the Assessing Officer on the basis of the blank and cancelled bills. 8 We find that no substantial question of law ..... X X X X Extracts X X X X X X X X Extracts X X X X
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