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In the result, the appeal of the assessee is allowed for statistical purposes
Bench: Dr. Manish Borad, Hon’Ble & Shri Sonjoy Sarma, Hon’Bleassessment Year: 2012-13 S.K. Trexim (P) Ltd. Dcit, Circle-2, Guwahati C/O. Subash Agarwal & Associates, Advocates, Siddha Vs. Gibson, 1, Gibson Lane, Suite 213, 2Nd Floor, Kolkata-700069. Pan: Aancs 4492 G (Appellant) (Respondent) Present For: Appellant By : Shri Siddharth Agarwal, Advocate Respondent By : Shri N.T. Sherpa, Jcit Date Of Hearing : 15.05.2023 Date Of Pronouncement : 30.05.2023 O R D E R Per Sonjoy Sarma, Jm: The Present Appeal Has Been Preferred By The Assessee Against The Order Dated 03.12.2018 Of Ld. Cit(A), Guwahati-1 Passed U/S 250 Of The Income Tax Act [Hereinafter Referred To As The ‘Act’]. The Assessee Has Raised The Following Grounds Of Appeal: “1. For That The Ex-Parte Order Passed By The Ld. Cit(A) Is In Gross Violation Of The Principles Of Natural Justice & As Such, Is Not Sustainable In Law. 2. For That The Ld. Cit(A) Was Not Justified In Dismissing The Appeal Of The Assessee Without Dealing With The Merit Of The Additions Made By The Ao. 3.(A) For That On The Facts & In The Circumstances Of The Case, The Ld. Cit(A) Was Not Justified In Confirming The Addition Of Rs. 92,80,000/-
section 68 of the Act. (b) For that on the facts and in the circumstances of the case, the ld. CIT(A) was not justified in confirming the addition of Rs. 1,56,53,787/- being 10% of gross turnover of Rs. 15,65,37,868/- being the income estimated by the AO after rejecting the book results