2008 (10) TMI 678

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.... J. - Appellant-revenue has proposed following two questions: (i) Whether, on the facts and circumstances of the case and in law, the Income-tax Appellate Tribunal is right in deleting addition of Rs. 71,26,502 made by the Assessing Officer and confirmed the Commissioner of Income-tax (Appeals)-I, Surat ? (ii) Whether, on the facts and circumstances of the case and in law, the....

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....of Second Appeal, after hearing the parties. The Tribunal has deleted the addition. Learned Standing Counsel appearing on behalf of the appellant-revenue reiterated the reasons which weighed with the Assessing Officer for making the disallowance/addition. According to the learned counsel the Assessing Officer had brought on record enough material to make the addition and the Tribunal was not justi....

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....jected vouchers only on the basis the vouchers being internally generated, but the Tribunal has found that such a rejection is not warranted. The Tribunal has further found that complete details of Tax Deducted at Source qua the payments made including Permanent A/c. Numbers, names and addresses of parties are available and the entries in regular books of account are made on a day-to-day basis in ....