ITO 9(1)(2), MUMBAI vs. BDH INDUSTRIES LTD, MUMBAI

The aforesaid appeal has been filed by the Revenue against impugned order dated 15/06/2011 passed by the CIT(A)-9, Mumbai in respect of the order of assessment passed u/s 143(3) for the assessment year 2008-09, on the following grounds:-

1. On the facts and in the circumstances of the case and in law, the Ld. CIT(A) erred in deleting the addition of Rs. 26,06,050/- from total purchases, on estimated basis, without appreciating the fact that the assessee has failed to submit details like item, value, quantity of opening and closing stock summary of RG-23 and PLA Register, though assessed

maintains ‘bin card’ but the same is hand written and remains unverifiable. 2. The appellant prays that the order of the CIT(A) on the grounds be set aside and that of the Assessing Officer be restored. 3. The appellant craves leave to amend or alter any ground or add a new ground that may be necessary.