2018 (9) TMI 2008

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....anoj Kumar Aggarwal (Accountant Member) 1. Aforesaid appeal by revenue for Assessment Year [AY] 2010-11 contest the common order of the Ld. Commissioner of Income-Tax (Appeals)-50 [CIT(A)], Mumbai dated 31/03/2016 by raising the following sole ground of appeal: - "On the facts and circumstances of the case and in law, the Learned CIT(A) erred in reducing the estimation of income of the assessee....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....perations on 04/02/2011 in the case of M/s JIK Industries Private Limited and its associates, it was found that the assessee provided accommodation sales bill to the aforesaid entity. Consequently, notice u/s 153C was issued to the issue which was followed by notices u/s 142(1). However, the assessee neither filed return of income nor provided the requisite documents as called for by Ld. AO. Resul....