2020 (11) TMI 376

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....: Shri. Parthasarathi, Advocate For the Revenue : Shri. Kannan, Additional CIT ORDER PER A. K. GARODIA, ACCOUNTANT MEMBER: This Miscellaneous Petition (MP) is filed by the assessee in which it is contended that in para 15 of the impugned Tribunal order, it is observed by the Tribunal that no argument was advanced by learned AR of the assessee about any other ground except ground Nos.3 ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.....2 is about time barring aspect which is not pressed and accordingly, ground Nos.1 and 2 are rejected as not pressed. In para 3 of the impugned Tribunal order, the Tribunal has noted that as per ground Nos.3 to 7, the grievance of the assessee is regarding various additions which were all recorded in the regular books of the assessee on which returns were filed regularly well prior to the date of ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

..... 10,24,236/-, addition of Rs. 6,40,912/- in the case of V. K. Agency, Kannur, addition of Rs. 1,66,013/- and addition of Rs. 49,200/- etc. Regarding these ground Nos.8 to 19, the Tribunal has given a finding in para 15 of the impugned Tribunal order that no argument was advanced by learned AR of the assessee about these grounds and accordingly the Tribunal inferred that these grounds are not pres....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... also about any arguments regarding these ground Nos. 8 to 19. We also find that assessee has submitted a Paper Book containing 161 pages which is dated 12.12.2011 and in this Paper Book, the assessee has submitted on pages 1 to 7 the copy of letter addressed to DCIT containing parawise comments are made and these parawise comments in this letter are regarding the sale and lease back transactions ....