2015 (12) TMI 368

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....harad Aggarwal, Advs For the Respondent : Mr. Salil Aggarwal and Mr. Ravi Pratap Mall, Advs ORDER 1. This appeal by the Revenue under Section 260A of the Income Tax Act, 1961 ('Act') is against an order dated 19th December 2000 passed by the Income Tax Appellate Tribunal ('ITAT') in ITA No. 5556 (Del)/96 for the block period 1986-87 to 1996-97. 2. The Assessee is engage....

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....mber 1996: (a) Rs. 55,130 on account of the personal expenses which had been debited in the books of accounts of the Assessee by holding that it was not business expenditure. (b) An addition of Rs. 6,00,846 in respect of the alleged job work done by the sister concern of the Assessee on the ground that it was bogus expenditure. (c) An addition of Rs. 20,146 on account of the payment made ....

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....T has rightly interpreted the scope and jurisdiction of the Assessing Officer in the block assessment proceedings? 2. Whether the ITAT was right in law in deleting addition of Rs. 20,146/- on alleged job work payment to Madhvi International, Rs. 2,64,926/- on account of personal expenditure of directors on travelling, Rs. 6,00,846/- on account of alleged job work charges, Rs. 50,000/- on ....

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....assessment. Its scope and ambit is limited in that sense to materials unearthed during search. It is in addition to the regular assessment already done or to be done. The assessment for the block period can only be done on the basis of evidence found as a result of search or requisition of books of account or documents and such other materials or information as are available with the Assessing Off....