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2014 (9) TMI 1153

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..... untant Member. Assessee by : Shri Amit Kothari. Department By : Shri Mahesh Kumar - D.R. ORDER Per N.K. Saini, A.M This is an appeal by the assessee against the order dated 03/03/2014 of Ld. CIT(A), Jodhpur. The following grounds have been raised in this appeal: 1. The Ld. CIT(A) erred in law as well as on the facts and circumstances of the case in holding that the Assessing Officer has passed the assessment order after providing the proper and reasonable opportunity to the appellant. 2. The Ld. CIT(A) erred in law as well as on the facts and circumstances of the case in confirming that the Assessing Officer was justified in rejecting the books of accounts of the appellant applying the provisions of secti .....

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..... Name of the company G.P. rate Turnover 1 Murawatia Marbles Pvt. Ltd., Rajsamand 18.82% ₹ 81,80,876/- 2 Bholenath Marbles Pvt. Ltd., Rajsamand 19.00% ₹ 98,90,854/- 3 Marutinandan Marbles Pvt. Ltd. Rajsamand 20.04% ₹ 98,42,585/- 4 Mecson Marbles Pvt. Ltd. Rajsamand 24.30% ₹ 92,21,488/- 5 Shri Balaji White Marmo Stone Pvt. Ltd. Rajsamand 25.88% ₹ .....

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..... :- 1) CIT Vs. Gotan Lime Kanij Udyog (2001) 169 CTR (Raj.) 2. CIT Vs. Sanjay Oil Cake Industries (2005) 197 CTR (Guj.) 520 3. Geetanjali Woolens Pvt. Ltd. Vs. ACIT (1994) 50 TTJ (Ahd.) 4. Milap Textiles Mills Vs. DCIT (2004) 86 TTJ (Jd.) 1125. 5. DCIT Vs. Ashok Kumar Gulshan Rai and Party 33 TW 202 (Jp.) 6. Sanjeev Kumar Lodha Vs. ITO 86 TTJ 402 (Jodhpur) 7. JCIT Vs. Kiran Udhog 34 TW 80 (ITAT JP) 8. ACIT Vs. Ram Shay Wool Combers 2 SOT 592. 9. Jupitor Textiles Vs. ITO 77 TTJ 735. 10. Shanker Rice Co. Vs. ITO (2000) 67 TTJ (ASR) (SB) 84. 6. In his rival submissions, the learned D.R. strongly supported the order of the Assessing Officer and further submitted that books of accounts maintained by the assessee .....

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