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of <h1>ITAT Jaipur: Assessee's Appeal Partially Allowed for AY 2006-07</h1> <h3>M/s. P.R. Gems, Versus The Income-tax Officer</h3> The Appellate Tribunal ITAT Jaipur partially allowed the assessee's appeal against the ld. CIT (A) order for the assessment year 2006-07. The Tribunal ... - The Appellate Tribunal ITAT Jaipur allowed the appeal by the assessee against the order of ld. CIT (A) for assessment year 2006-07. The Tribunal confirmed the addition of Rs. 68,422 by disallowing 25% of unverifiable purchases. The Tribunal considered past GP rates and current circumstances, and sustained a trading addition of Rs. 10,000 to meet the ends of justice. The appeal of the assessee was allowed in part. The order was pronounced on 09.01.2012.
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