2012 (10) TMI 517

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....sp; Revenue by : Shri Prithi Lal, Sr.DR   ORDER   PER BENCH:   The appeals are filed by the department and the Cross Objections by the assessee. They are directed against the order dated 14.05.2012 passed by the CIT (A)-II, Delhi, for Assessment Years 2003- 04 to 2008-09. 3. The grievance raised by the department in all its appeals is against the action of the Ld. CIT....

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.... been rejected by the Assessing Officer, and so, there is no question of any disallowances of purchases u/s 69C of the Act. The Ld. CIT (A) placed reliance on the decision of the Hon'ble Delhi High Court in the case of "CIT vs. M/s Radhika Creation", rendered in ITA No.692/2009. These observations were made by the Ld. CIT (A) after calling for a remand report from the Assessing Officer and conside....

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....ases, books and stock register were filed and the Assessing Officer did not reject the same. The Ld. CIT (A) has, as noted hereinabove, taken into account the fact that all the sales made by the assessee stood recorded in the assessee's books of account, which included the sales and purchase vouchers and stock registers maintained by the assessee on a day-to-day basis. These books of account were ....

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....ade by the Assessing Officer thereafter. The assessee's books of account were audited books of account. The tax audit report was on record. The auditors had not made any negative observation therein. All these facts were duly taken into consideration by the Ld. CIT (A) and it was thereupon that the issue was decided in favour of the assessee. 9. So far as it regards "Anupama Links Pvt. Ltd.", (....