1989 (7) TMI 144

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....ve approached the Tribunal as both of them are aggrieved, the assessee because of partial relief granted in place of full relief prayed for and the Revenue praying that no relief should have been granted. 2. The first common ground is in respect of lumpsum addition because of low percentage of G.P. The assessee is a wholesale dealer in tea. It deals in tea on chest to chest basis and its ent....

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....ty accounts in terms of kilograms, why it refused to give quantity tally in kilograms and, therefore, there must be some defects. Therefore, he gave partial relief. 3. At the time of hearing before us, the learned counsel for the assessee brought to our notice various percentage gross profit rates shown and accepted in past as well as future years. It was further submitted that there was no cha....

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....justify that there was any quantity of goods not accounted for or the rates of sales were not reliable or the purchases were inflated. On the contrary otherwise all the date given by the assessee are accepted and addition is resorted merely because the assessee did not submit quantity details in kilograms as asked for by the AO. In our opinion, there was no justification for asking such details su....

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....and the basis on which the addition is sought to be made, we find no justification to sustain any amount of disallowance. We, therefore, delete the same. It appears nobody has made any attempt to verify or vouch the expenses as claimed. Without such exercise, no disallowance can be resorted to. 5. The last ground in assessee's appeal is against charge of interest of Rs. 2,119 under s. 215 of th....