2015 (3) TMI 97

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....,R.K. Upadhaya,S Chopra For the Respondent : S.K. Garg, R.S. Agarwal ORDER (Delivered By:-Hon'ble Dr. Satish Chandra,J.) 1. The present appeal is filed by the Department against the impugned order dated 26.6.2002 passed by the Income Tax Appellate Tribunal, Lucknow in I.T.A. No.335/Alld/95 for the Assessment Year 1991-92. 2. On 18.7.2007, a coordinate Bench of this Court has admitted the ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....hish Bansal, learned counsel for assessee. We also perused the material available on record. 5.From the record, it appears that the A.O. has estimated the total income at Rs. 10,12,289/-. During the assessment year under consideration, the assessee has shown gross profit @0.5% on the total turn over. It also appears from the record that in the earlier years, the Department had accepted the turn o....