In the result, the appeal filed by the assessee is partly allowed for statistical purposes
Bench: Shri Pradip Kumar Choubey & Shri Rakesh Mishra
demonetization period and abnormal increase in sales with decrease in profitability as compared to preceding previous year’. In response to the notice, the assessee furnished copies of audit report in Form 3CB and 3CD, audited balance sheet, profit and loss account, bank statements, cash book, monthly summary of purchase and sales, cash-flow statement, VAT returns etc. The Assessing Officer