2004 (3) TMI 17

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..... s very clear that the Tribunal has committed a serious error in restoring this issue also to the file of the Assessing Officer - Tribunal was not justified in interfering in so far as the part which was accepted by the Commissioner of Income-tax (Appeals) and against which the Revenue had not preferred any appeal. - Accordingly, the appeal is allowed in favour of the assessee and against the Reven .....

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..... was with regard to the addition in respect of M/s. G.S. Enterprises and M/s. Rattan Fashions. There was no question before the Tribunal with regard to M/s. M.S. Impex, Delhi. The Commissioner of Income-tax (Appeals) had held as under: "This also goes to prove that M/s. M.S. Impex is a genuine creditor and that has to be allowed. Accordingly, the addition of credit balance standing in the name o .....

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