2014 (6) TMI 1038

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....This appeal by the department is directed against the order dated 28/02/2013 of the ld. CIT(A), Udaipur for A.Y. 2009-10. 2. The following grounds have been raised in this appeal: "On the facts and in the present circumstances of the case, the Ld. CIT(A) has erred in: 1. deleting the addition of Rs. 1,13,30,726/- made on account of bogus sundry creditors, the genuineness of which, the assesse....

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....1.3.2009, it was noticed that sundry creditors to the tune of Rs. 1,61,16,095/- have been shown as under: SUNDRY CREDITORS AMOUNT Agarwal B.T. Sons 250000 Heera Lal 78790 HI-Tech Earth Movers 4163799 J.J. Engineers 75529 JRC Construction 303500 Madan Ram 51760 Mahipal Ram 2344409 Man Singh 1080650 Mohd. Bhai Contractor 790775 Nasir Bhai Contractor 758763 Nathu Lal 432670 P....

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....tors as not explained: Heera Lal 78790 JRC Construction 303500 Madan Ram 51760 Mahipal Ram 2344409 Man Singh 1080650 Mohd. Bhai Contractor 790775 Nasir Bhai Contractor 758763 Nathu Lal 432670 Pradeep Kumar 1015000 Ripra Enterprises 1015000 Smt. Bhawari Devi Choudhary 291544 Smt. Nirmala Choudhary 2356535 Total 11330726 Finally, after making discussion regarding the genui....

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....efully perused the entire material on record. Both the parties have reiterated their stand which was taken before the ld. CIT(A). We are in agreement with the ld. CIT(A) who has found that in fact, the A.O. has rejected the books of account by mentioning numerous defects therein which has been discussed from page 2 to 9 of the assessment order. Thus there is implied rejection of books of account. ....