2015 (3) TMI 97

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....ratji Agarwal,D. Awasthi,G.Krishna,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 coor....

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.... Chopra, learned counsel for Department and Sri Ashish 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 e....