TMI Blog2015 (5) TMI 1253X X X X Extracts X X X X X X X X Extracts X X X X ..... hood of time of decision has not been explained to us. It will be expedient that instead of mounting the pendency before ITAT and refixing these appeals again and again, the AO will take a view in this matter in consonance with the Hon ble Rajasthan High Court s judgment. It will avoid repeated fixation and unnecessary pendency before the ITAT inasmuch as the Hon ble Rajasthan High Court judgment ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... count. It may be mentioned that similar issue in respect of unverifiable purchases/bogus purchases for precious and semi precious stones has been decided by this Bench of ITAT in the case of Shri Anuj Kumar Varshney Vs. ITO others gems and jewellery cases in I.T.A. No. 187/JP/2012 other ITAs order dated 22/10/2014 wherein this Bench has decided as under:- We have heard the rival contentio ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ets relief partly. 2. It has been informed that both i.e. assessees and revenue are in appeals before the Hon ble Rajasthan High Court. 3. The ld counsel for the assessee has applied for adjournment on the ground that these appeals are shortly listed for hearing before the Hon ble Rajasthan High Court, therefore, adjournment may be granted. 4. We are not inclined to grant adjournment a ..... X X X X Extracts X X X X X X X X Extracts X X X X
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