1995 (12) TMI 377

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....P4) as well as the appellate authority by the order exhibit P5 have considered the factual question in great details and have reached a conclusion that the assessee (present petitioners) as well as M/s. Sakthi & Company are not different from each other in the matter of transactions. They are conducting business from one and the same place. 2.. Perusal of the order of the assessing authority re....

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..../s. Sakthi & company as the same was earned in the assessee's premises (sic). The simple and plain truth remains that the business transactions in the name of M/s. Sakthi & Company were operated from the business place of the assessee, i.e., Tolsaria Brothers." The assessing authority has also considered the prayer of the present petitioner with regard to the claim for right of cross-examinatio....

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.... business place in the name of non-existing firm, namely, M/s. Sakthi & Company with intention to evade tax. These sales could be effected only after actual purchases." Even then it is observed that the contentions are also taken into consideration and in regard thereto the following observations in the nature of findings of fact are to be found in the order: "The appellants have been provid....