TaxTMI 
TaxTMI 
2010 (3) TMI 1297
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....r Mr Bhatt, Sr. Counsel With Mrs Mauna M Bhatt For the Opponent : None ORAL ORDER (Per : HONOURABLE MS.JUSTICE H.N.DEVANI) 1. In these appeals under section 260A of the Income Tax Act, 1961 (the Act), appellant revenue has proposed the following question stated to be a substantial question of law arising arising out of the impugned order dated 2nd May 2008 made by the Income Tax Appell....
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....it of the assessee. The assessee carried the matter in appeal before Commissioner (Appeals) who allowed the appeal holding that the Assessing Officer was not justified in rejecting the books of account. The addition made in the gross profit was also deleted. The Revenue carried the matter in appeal before the Tribunal in relation to both the assessment years. The Tribunal vide the impugned order d....
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....45 of the Act. 5. The Tribunal in its impugned order has recorded thus: "We have carefully considered the rival submissions and the material on record along with the order of the tax authorities. We find that the Assessing Officer has rejected the books of accounts and estimated the gross profit of the assessee. The assessee went in appeal before the CIT(A) challenging the action of th....
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.... accounts, the Assessing Officer, in our opinion, cannot make any addition in the gross profit shown by the assessee." 6. From the facts recorded by the Tribunal, it is apparent that no ground challenging the order of Commissioner (Appeals) holding that the rejection of the books of account was unjustified, has been taken in the memo of appeal, nor is any contention in respect of the same advan....