RI-BHOI ISPAT & ROLLING MILLS,BYRNIHAT vs. ITO, WARD- BYRNIHAT, BYRNIHAT

In the result, the appeal of the assessee is allowed for statistical purposes

Bench: Shri Manomohan Das & Shri Rakesh Mishra

5. Aggrieved by the above order, the assessee went in appeal before the Ld. CIT(A). The above addition was deleted by Ld. CIT(A) by the order dated 29.03.2012. After concluding that the entire disallowance is base on third party information gathered by the investigation wing of the department, which have not been independently subjected to further verification

D.C.I.T., CIRCLE- 1, DIBRUGARH vs. HANS RAJ BAMALWA (HUF), DIBRUGARH

In the result, all the appeals of the Revenue are dismissed and that of the Cross Objections of the assessees are allowed