1986 (11) TMI 139

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....n and an addition made by the ITO. The plea before us was that the ITO had known of the fact that there was a sales tax proceeding against the assessee in which the sales-tax authorities had seized certain note books, which contained certain figures and part of the torn pages were found. The sales-tax authorities did not accept initially but in the appeal the Dy. Commissioner Commercial Taxes had ....

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.... must resulted in unaccounted purchases and if at all any addition that could be made should be limited to the profit element. Taking into all these, the AAC was of the view that another addition of Rs. 1,18,000 was necessary. The plea of the assessee before us that the sales tax authorities have primarily examined the quantum of sales and should have been the basis for making the assessment in th....