2014 (5) TMI 275

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....G. D. Agrawal, VP : This appeal by the Revenue is directed against the order of learned CIT(A)-XI, New Delhi dated 24th May, 2012 for the AY 2006-07. 2. The only ground raised by the Revenue reads as under:- "The ld.CIT(A) erred in law and on facts of the case that the matter does not fall within the purview of section 154 of the I.T. Act." 3. The facts of the case are that for the yea....

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....learned CIT(A) deleted the addition with the following finding:- "In my view the mistake rectified by the AO by passing order u/s 154 is not a mistake which is apparent from record. For revising the order u/s 143(3) the AO was required to scrutinize the various documents, inquire into the reasons for difference in the purchase accounts and pass the order u/s 154. The matter therefore does not f....

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....etails of Rs.6,67,09,52,075/- submitted during assessment and purchase of Rs.6,67,20,28,293/- shown in the Profit & Loss account. In fact, List of one of the parties i.e., A.G. Enterprises at Naya Bazar might not be submitted due to clerical mistake or printing mistake at the time of assessment. We are enclosing the details of partywise purchase which is matched with our Profit and Loss account fo....

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.... should be sustained. 6. Learned DR, on the other hand, relied upon the order of Assessing Officer. 7. After considering the arguments of both the sides and perusing the material placed before us, we agree with the learned CIT(A) that the matter was out of the purview of Section 154. Even if there was a difference in the details of purchases furnished and the purchases shown in the profit & ....