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

COMMISSIONER OF INCOME TAX -II, GUWAHATI vs. M/S. ARIHANT INTERNATIONAL LIMITED , GUWAHATI

In the result, the appeal filed by the Revenue is dismissed