“rejection of books of account”

DEPUTY COMMISSIONER OF INCOME TAX, DELHI vs. M/S VESTIGE MARKETING PRIVATE LIMITED, DELHI

duly audited. The assessing officer has not pointed out\nany discrepancy in the books of accounts. The assessing officer has\nnot rejected the books of accounts. Accordingly, the\ndisallowance/addition made by the AO is liable to be deleted.\nThe Hon'ble jurisdiction Delhi High Court in the case ... Taxmann.com 76 has held that in the absence\nof any material pointing towards falsehood of accounts books,\naddition of gross profit and rejection of books of accounts cannot be\nmade.\nIn the case of the assessee before your honour, the facts are even\nstronger as the assessing officer

DEPUTY COMMISSIONER OF INCOME TAX, DELHI vs. M/S VESTIGE MARKETING PRIVATE LIMITED, DELHI

duly audited. The assessing officer has not pointed out\nany discrepancy in the books of accounts. The assessing officer has\nnot rejected the books of accounts. Accordingly, the\ndisallowance/addition made by the AO is liable to be deleted.\nThe Hon'ble jurisdiction Delhi High Court in the case ... Taxmann.com 76 has held that in the absence\nof any material pointing towards falsehood of accounts books,\naddition of gross profit and rejection of books of accounts cannot be\nmade.\nIn the case of the assessee before your honour, the facts are even\nstronger as the assessing officer

DEPUTY COMMISSIONER OF INCOME TAX, DELHI vs. M/S VESTIGE MARKETING PRIVATE LIMITED, DELHI

duly audited. The assessing officer has not pointed out\nany discrepancy in the books of accounts. The assessing officer has\nnot rejected the books of accounts. Accordingly, the\ndisallowance/addition made by the AO is liable to be deleted.\nThe Hon'ble jurisdiction Delhi High Court in the case ... Taxmann.com 76 has held that in the absence\nof any material pointing towards falsehood of accounts books,\naddition of gross profit and rejection of books of accounts cannot be\nmade.\nIn the case of the assessee before your honour, the facts are even\nstronger as the assessing officer

DEPUTY COMMISSIONER OF INCOME TAX, DELHI vs. M/S VESTIGE MARKETING PRIVATE LIMITED, DELHI

duly audited. The assessing officer has not pointed out\nany discrepancy in the books of accounts. The assessing officer has\nnot rejected the books of accounts. Accordingly, the\ndisallowance/addition made by the AO is liable to be deleted.\nThe Hon'ble jurisdiction Delhi High Court in the case ... Taxmann.com 76 has held that in the absence\nof any material pointing towards falsehood of accounts books,\naddition of gross profit and rejection of books of accounts cannot be\nmade.\nIn the case of the assessee before your honour, the facts are even\nstronger as the assessing officer

DEPUTY COMMISSIONER OF INCOME TAX, DELHI vs. M/S VESTIGE MARKETING PRIVATE LIMITED, DELHI

duly audited. The assessing officer has not pointed out\nany discrepancy in the books of accounts. The assessing officer has\nnot rejected the books of accounts. Accordingly, the\ndisallowance/addition made by the AO is liable to be deleted.\nThe Hon'ble jurisdiction Delhi High Court in the case ... Taxmann.com 76 has held that in the absence\nof any material pointing towards falsehood of accounts books,\naddition of gross profit and rejection of books of accounts cannot be\nmade.\nIn the case of the assessee before your honour, the facts are even\nstronger as the assessing officer

VESTIGE MARKETING PVT LTD,DELHI vs. DCIT, CENTRAL CIRCLE-05, DELHI

duly audited. The assessing officer has not pointed out\nany discrepancy in the books of accounts. The assessing officer has\nnot rejected the books of accounts. Accordingly, the\ndisallowance/addition made by the AO is liable to be deleted.\nThe Hon'ble jurisdiction Delhi High Court in the case ... Taxmann.com 76 has held that in the absence\nof any material pointing towards falsehood of accounts books,\naddition of gross profit and rejection of books of accounts cannot be\nmade.\nIn the case of the assessee before your honour, the facts are even\nstronger as the assessing officer

VESTIGE MARKETING PVT LTD,DELHI vs. DCIT CENTRAL CIRCLE-05, DELHI

duly audited. The assessing officer has not pointed out\nany discrepancy in the books of accounts. The assessing officer has\nnot rejected the books of accounts. Accordingly, the\ndisallowance/addition made by the AO is liable to be deleted.\nThe Hon'ble jurisdiction Delhi High Court in the case ... Taxmann.com 76 has held that in the absence\nof any material pointing towards falsehood of accounts books,\naddition of gross profit and rejection of books of accounts cannot be\nmade.\nIn the case of the assessee before your honour, the facts are even\nstronger as the assessing officer

VESTIGE MARKETING PVT LTD,DELHI vs. DCIT, CENTRAL CIRCLE- 05, DELHI

duly audited. The assessing officer has not pointed out\nany discrepancy in the books of accounts. The assessing officer has\nnot rejected the books of accounts. Accordingly, the\ndisallowance/addition made by the AO is liable to be deleted.\nThe Hon'ble jurisdiction Delhi High Court in the case ... Taxmann.com 76 has held that in the absence\nof any material pointing towards falsehood of accounts books,\naddition of gross profit and rejection of books of accounts cannot be\nmade.\nIn the case of the assessee before your honour, the facts are even\nstronger as the assessing officer

VESTIGE MARKETING PVT LTD,DELHI vs. DCIT, CENTRAL CIRCLE-05, DELHI

duly audited. The assessing officer has not pointed out\nany discrepancy in the books of accounts. The assessing officer has\nnot rejected the books of accounts. Accordingly, the\ndisallowance/addition made by the AO is liable to be deleted.\nThe Hon'ble jurisdiction Delhi High Court in the case ... Taxmann.com 76 has held that in the absence\nof any material pointing towards falsehood of accounts books,\naddition of gross profit and rejection of books of accounts cannot be\nmade.\nIn the case of the assessee before your honour, the facts are even\nstronger as the assessing officer

VESTIGE MARKETING PVT LTD,NEW DELHI vs. DCIT, CENTRAL CIRCLE- 05, DELHI

duly audited. The assessing officer has not pointed out\nany discrepancy in the books of accounts. The assessing officer has\nnot rejected the books of accounts. Accordingly, the\ndisallowance/addition made by the AO is liable to be deleted.\nThe Hon'ble jurisdiction Delhi High Court in the case ... Taxmann.com 76 has held that in the absence\nof any material pointing towards falsehood of accounts books,\naddition of gross profit and rejection of books of accounts cannot be\nmade.\nIn the case of the assessee before your honour, the facts are even\nstronger as the assessing officer

VESTIGE MARKETING PVT. LTD.,DELHI vs. DCIT, CENTRAL CIRCLE- 05, DELHI

duly audited. The assessing officer has not pointed out\nany discrepancy in the books of accounts. The assessing officer has\nnot rejected the books of accounts. Accordingly, the\ndisallowance/addition made by the AO is liable to be deleted.\nThe Hon'ble jurisdiction Delhi High Court in the case ... Taxmann.com 76 has held that in the absence\nof any material pointing towards falsehood of accounts books,\naddition of gross profit and rejection of books of accounts cannot be\nmade.\nIn the case of the assessee before your honour, the facts are even\nstronger as the assessing officer

DEEPANSHU SRIVASTAVA,GHAZIABAD vs. DCIT, CIRCLE 2(1)(1), GHAZIABAD, GHAZIABAD

In the result, both the appeals are dismissed

nAct.\n\n5. That on the facts and in the circumstances of the case and in law, the AO\nhas erred in rejecting the books of accounts without duly appreciating\nthat the Appellant was prevented by a just and reasonable cause from\nproducing the same during the assessment proceedings ... failed to furnish\nsuch necessary documents, evidence and satisfactory submissions before\nthe AO during the assessment proceedings, the AO had to therefore reject\nthe books of accounts u/s.145(3) of the Act as they are faulty, incomplete,\nincorrect (as also referred above) and un-reliable and even the Auditor

DEEPANSHU SRIVASTAVA,GHAZIABAD vs. DCIT, CIRCLE 2(1)(1), GHAZIABAD

In the result, both the appeals are dismissed

That on the facts and in the circumstances of the case and in law, the AO has erred in rejecting the books of accounts without duly appreciating that the Appellant was prevented by a just and reasonable cause from producing the same during the assessment proceedings ... failed to furnish\nsuch necessary documents, evidence and satisfactory submissions before\nthe AO during the assessment proceedings, the AO had to therefore reject\nthe books of accounts u/s.145(3) of the Act as they are faulty, incomplete,\nincorrect (as also referred above) and un-reliable and even the Auditor