Bench: Shri Anubhav Sharma & Shri Krinwant Sahay, Accoutant Member Ita No. 6218/Del/2017 (Asstt. Year 1994-95) & Dcit, Circle-3(2), New Delhi Vs. M/S Asian Consolidated Industries Ltd., 96Th Mile Stone, Delhi-Jaipur Highway, Village-Bawal, Distt.- Rewari, Haryana (Pan: Aaaca5887A) (Appellant) (Respondent) Assessee By : Sh. Ved Jain, Adv. & Sh. Ayush Garg, Ca Department By : Ms. Monika Singh, Cit-Dr Date Of Hearing 20.08.2025 Date Of Pronouncement 27.08.2025 Order Per Krinwant Sahay, Am:

bogus sales/purchases, unexplained investments in purchases and disallowance out of expenses without appreciating the discrepancies detected on audit of the accounts u/s142(2A) by special auditor and the facts brought on record by AO. 2. On the facts and in the circumstances of the case, Ld. CIT(A) is legally not correct in holding rejection of books of accounts u/s145