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TMI Blog2015 (9) TMI 1748X X X X Extracts X X X X X X X X Extracts X X X X ..... ondent Sh. Akhilesh Kumar, Adv. ORDER PER J. SUDHAKAR REDDY, ACCOUNTANT MEMBER ITA 2043/Del/2010 and Both these appeals are filed by the assessee. ITA 2043/Del/2010 is directed against the order passed by the Ld.CIT, Meerut u/s 263 of the Income Tax Act, 1961 (the Act) dt. 30.3.2010, to the extent recalled by the Tribunal by way of its order dt. 27.4.2012 in the M.A. bearing no. 491/Del ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... AO to pass fresh assessment order which according to her is erroneous in so far as prejudicial to interest of revenue in respect of old advances of A.Y. 2002-03 and old sundry creditors of A.Y. 2001-02 and to consider their taxability in A.Y. 2005-06." 2.3. The Ld. Counsel for the assessee Mr. Akhilesh Kumar, Advocate, submitted that the credits in question pertain to earlier years and this is e ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... that the addition in question, is not made u/s 68 of the Act. Thus the year of receipt of credit and entry into the books of accounts is of no consequence. No other argument has been advanced before us on this issue. Thus this ground of the assessee is dismissed. 4. In ITA 3230/Del/2012, the Ld. Counsel for the assessee submitted that this appeal is consequential to the decision rendered while di ..... X X X X Extracts X X X X X X X X Extracts X X X X
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