NATHUBHAI YUSUFJI KURESHI,BANASKANTHA vs. THE ITO, WARD-1, MODASA

In the result, the appeal filed by the Assessee is treated as allowed for statistical purpose

Bench: DR. BRR Kumar (Vice President), Shri T. R. Senthil Kumar (Judicial Member)

reassessment proceedings, the appellant did not furnish complete and verifiable details as called for by the Assessing Officer. The appellant could not substantiate the genuineness of the alleged business of purchase and sale of buffaloes with credible documentary evidence. 6.2 The Assessing Officer has rightly observed that the appellant failed to furnish complete particulars of buyers and sellers, such