2016 (7) TMI 1446

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....filed by the Revenue assailing the correctness of the order dated 09.05.2014 of CIT(A)-XXXI, New Delhi pertaining to 2005-06 assessment year on the following grounds: - 1. "The order of Ld.CIT(A) is not correct in law and facts. 2. On the facts and circumstances of the case the Ld.CIT(A) has erred in deleting the addition of Rs. 25,63,024/- made by the Assessing Officer on account of GP rate o....

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.... the AO Rs.25,63,024/- Rate of Tax 35% Income Tax on above addition Rs.8,97,058/- Surcharge @ 2.5% Rs.22,426/- Education Cess Rs.18,389/- [2% of (Income Tax + Surcharge)] Rs.118,389/- Total amount of Income Tax Rs.9,37,873/-   3. In view of the fact that the Revenue moved an adjournment petition stating that the CIT DR is not available, time was afforded to the Revenue. On the ....