M/S. GRM TRADING CO.,ANGUL vs. ACIT, CIRCLE-2(1), BHUBANESWAR
In the result, appeal of the assessee is partly allowed for statistical purposes
ITA 10/CTK/2018[2012-13]Status: DisposedITAT Cuttack20 Jun 2022AY 2012-13
Bench: Before S/Shri George Mathan, Judicial & Arun Khodpia & Arun Khodpia & Arun Khodpiaassessment Year : 2012-13 M/S. Grm Trading Co., Bazar M/S. Grm Trading Co., Bazar Vs. Acit, Circle Acit, Circle-2(1), Chowk, Angul. Chowk, Angul. Bhubaneswar. Bhubaneswar. Pan/Gir No.Aajfg 9627 N (Appellant (Appellant) .. ( Respondent Respondent) Assessee By : Shrip.R.Mohanty P.R.Mohanty , Ar Revenue By : Shri M.K.Gautam, Cit ( Cit (Dr) Date Of Hearing : 20/6 6/ 2022 Date Of Pronouncement : 20/ /6/2022 O R D E R Per Bench
For Appellant: ShriP.R.MohantyFor Respondent: Shri M.K.Gautam, CIT (
68,49,286.72 and RTGS purchase of Rs.
14,46,78,732.20. On the contrary, the assessee has disclosed total purchase of Rs.25,25,48,378/ in his audited accounts(in the return of income the purchase figure is Rs.25,25,48,384/-). Thus, the assessee has made unaccounted purchase at Rs.1,89,79,640.92
(Rs.27,15,28,018.92 minus
