2015 (7) TMI 1309

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....against the order of the CIT(A). 2. At the time of hearing of this appeal, none appeared on behalf of the assessee-respondent and therefore, the appeal of the revenue is being decided exparte qua the assessee-respondent on merits after hearing the learned DR. 3. The only ground of appeal of the Revenue is as under : "1. Whether on the fact and in circumstances of the case, the CIT(Appeals) has....

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....7 of the compilation which contain the statement of the assessee recorded on 16.10.2006 by the Assessing Officer and also the list of inventory of stock as filed in the compilation before the Tribunal. 5. We have considered the submissions of the learned DR and have perused the order of the AO and the CIT(A). We find that it is a case where addition was made on account of difference in the stock ....

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....nly the assessee who can give the said details. We find that the CIT(A) has recorded a finding that inventory of stock prepared on the date of survey on 05.10.2006 does not mention the location in which the said raw material has been found and inventorised when the same raw material has already been inventorised at page No. 2 of the list, as reproduced by the CIT(A) at page 5 and 6 of his appellat....