2010 (4) TMI 1166

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....Yadav (Judicial Member) The assessee is in appeal before us against the order of Ld. CIT(A) dated 31.1.2007 passed for asstt. year 2003-04. The grounds of appeal filed by the assessee are not in consonance to Rule 8 of ITAT Rules. They are descriptive and argumentative in nature. In fact the grounds are running into 8 pages which contains arguments in support of the grounds. Ld. Counsel for the....

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....sue to the file of AO for fresh adjudication. Ld. Counsel for assessee placed on record copies of the Tribunal order in ITA No. 3898, 4011/Del/2006 in asstt. year 2002-03 and 997/Del/2005 in asstt. year 2001-02. He preyed that there is no disparity on facts. Ld. DR was unable to controvert the contention of Ld. Counsel for the assessee. 2. We have duly considered the rival contention and gone t....

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....uld have audited the accounts of assessee and, therefore, it has filed its income-tax return on estimate basis. Up to the appellate stage, accounts upto assessment year 1999-00 have been audited. The appeal was decided on 14th September, 2006. Though no one has appeared on behalf of the assessee and the learned DR is unable to state whether accounts have been audited or not but we are hopeful that....

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....evenue authorities below and restore the issue to the file of the Assessing Officer for fresh decision. The assessee is directed to produce the audited accounts and other details in support of its computation of income. 9. As far as the appeal of the revenue is concerned, it is impugning various additions deleted by the Learned CIT(Appeals). We find that the Assessing Officer has estimate....