In the result, the Revenue’s appeal is allowed for statistical purposes
Bench: Sh. Sanjay Arora & Sh. N. K. Choudhryi.T.A. No. 349/(Asr)/2017 Assessment Year: 2010-11
bogus, and the production figures manipulated, with the unit manufacturing only electrical 8 ITO v. Neeraj Aggarwal lamination. It is this that led to his ‘rejection’ of the assessee’s accounts as not reliable. The AO’s stating of the rejection of the assessee’s accounts has to be therefore understood in this context, i.e., of the same having been