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6 orders · Page 1 of 1
The Tribunal set aside the ex-parte order of the CIT(A) due to non-prosecution and remanded the appeal back to the CIT(A) for fresh adjudication. The assessee was directed to cooperate and comply with the directions of the CIT(A).
The Tribunal held that the Assessing Officer did not point out specific defects leading to the rejection of books and that the affidavits filed by the assessee supported the existence of suppliers. The addition was considered arbitrary and high-pitched, leading to an unsustainable enhancement of gross profit.