2003 (8) TMI 39

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.... filed under section 260A of the Income-tax Act, 1961. Heard learned counsel for the appellant. The appellant is challenging the impugned order of the Income-tax Appellate Tribunal, Agra, dated May 5, 2003. The appellant is a manufacturer of sarees of different lengths and for that purpose used to purchase gray cloth from various parties. During the course of assessment proceedings, the A....

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....tained by the assessee. Hence the Assessing Officer came to the conclusion that these purchases were not verifiable. He also held that the number of sarees shown to have been produced was less than the actual number of sarees which could be produced. He also held that the assessee has shown bogus purchases showing the length of sarees to be 4.5 or 5 meters, although it was in fact, 4.39 meters. ....

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.... the actual length of sarees was not as claimed by the assessee and bogus purchases were being entered by the assessee in its books. We find no legal error in the impugned order of the Tribunal. It must be remembered that in an appeal under section 260A of the Income-tax Act, this court cannot go into questions of fact, and can only interfere when there is error of law in the impugned order. Th....