OMKAR STEELS PRIVATE LIMITED,SUNDARGARH vs. ACIT, ROURKELA CIRCLE, ROURKELA

In the result, the appeal of the assessee is partly allowed

Bench: Shri N.S.Saini, Am & Shri Pavan Kumar Gadale, Jm Omkar Steels Private Limited Vs. Acit, Rourkela Circle, Kunjharia, Bijabahal, Rourkela Sundargarh, स्थायी लेखा सं./जीआइआर सं./ Pan/Gir No. : Aaaco 8886 H (अऩीलाथी /Appellant) (प्रत्यथी / Respondent) .. ननधाारिती की ओर से /Assessee By : Shri Ambika Prasad Mohanty, Ar िाजस्व की ओर से /Revenue By : Shri D.K.Pradhan, Dr सुनवाई की तािीख / Date Of Hearing : 03/05/2018 घोषणा की तािीख/Date Of Pronouncement 17/05/2018 आदेश / O R D E R Per Shri Pavan Kumar Gadale, Jm: The Assessee Has Filed This Appeal Against The Order Of Cit(A), Sambalpur, Dated 28.09.2017, Passed In I.T.Appeal No.0268/10-11, U/S.144/147/250 Of The I.T.Act For The Assessment Year 2007-2008. 2. As Per The Office Note, There Is A Delay Of 10 Days In Filing The Present Appeal. The Assessee Has Filed An Application For Condonation Of Delay Along With An Affidavit Explaining The Reasons For Delay. Considering The Application Of Assessee & Looking To The Facts & Circumstances Of The Case & Ld. Dr Has No Serious Objection, We Allow The Application & Condone The Delay Of 10 Days In Filing The Present Appeal & The Appeal Is Heard Finally. 3. The Sole Substantive Ground Raised By The Assessee Is That The Cit(A) Is Not Justified In Upholding The Rejection Of Books Of Accounts