TaxTMI 
TaxTMI 
2017 (2) TMI 291
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....by : Smt. Ritu Sharma Sr. DR O R D E R PER S.V. MEHROTRA, A.M: This is assessee's appeal against the order dated 20.12.2013 passed by the ld. CIT(A), Faridabad in appeal no. 317/2011-12, relating to AY 2009-10. 2. Grounds of appeal raised by the revenue are as under: 1) That the order of the Ld. CIT (A) Faridabad is bad in law and on facts. 2) That on the facts and in the circumstance o....
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....e to add, modify, amend or delete any of the grounds of appeal at the time of hearing and all the above grounds are without prejudice to each other. 3. Brief facts of the case are that the assessee had filed return declaring income at Rs. 1,59,040/-. The AO noticed that assessee was doing some business of cattle feed. He noticed that gross receipts/ sale during the year was shown at Rs. 38,25,200....
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....ent but only lump sum deposits and payments were there. He, accordingly, made addition of Rs. 65,42,800/-. 4. Before ld. CIT(A), the assessee filed additional evidence under Rule 46A, which was forwarded to AO for examination, both with regard to the admissibility of additional evidence and the merit of additions made in the light of additional evidence, submitted by the assessee. AO's report has....
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.... 5. We have considered the submissions of both the parties and have perused the record of the case . It is not disputed that assesse was doing the business of cattle feeds. In the statement of facts, filed before ld. CIT(A), the assessee had pointed out that it was in the business of retail trading of cattle feeds e.g. peddy, khal, choori, chilka, gud, jawar and barsam etc. and assessed with ITO,....