1990 (5) TMI 25

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....ng this court to direct the Tribunal to state the following questions for the opinion of this court : "1. Whether, on the facts and circumstances of the case, the Tribunal was legally justified in confirming the ad hoc addition of Rs. 75,000 towards the trading results without determining any basis or manner of computation of the true income, profits and gains of the assessee-company ? 2. Whethe....

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....and the auditor's report, thereby ignoring the observations of the learned Commissioner of Income-tax (Appeals), vide para 5 of his order, that only two vouchers worth Rs. 5,000 and Rs. 583 were not available meaning thereby that all the purchases, sales and expenses were vouched and verifiable and there was no material brought on the record to prove any suppression in turnover, inflation in purch....