2014 (1) TMI 1595

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.... Following are the two questions of law proposed by the Revenue for our consideration, challenging the order of the Income Tax Appellate Tribunal, Rajkot Bench, Rajkot {"Tribunal" for short} dated 30th September 2013. {A} "Whether in the facts of the case and in law, the ITAT was justified in holding the addition of Rs. 24,06,834/= made by the Assessing Officer on account of net disclosed incom....

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....were directly deducted by them on monthly basis from the bills, it held that the said amount was purely a superfluous addition. This issue was also carried in appeal before the Tribunal. The Tribunal essentially relied on the findings of CIT [A] and deleted the said addition by confirming the order of the CIT [A]. We see no reason to interfere, as from the material on the record, we are conv....

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....h. All these details have correctly been appreciated by both the authorities and hence, this issue deserves no further consideration as the same raises no question of law. The second issue pertains to addition of Rs. 19,73,500/= made by the Assessing Officer on account of suppression of income on account of difference between the gross freight as per TDS Certificate and the freight shown by the....