In the result, the appeal of the assessee is allowed
481/- on account of\nbusiness expenditure and determined the total income at Rs.1,58,54,605/-.\n3. Aggrieved, the assessee filed an appeal before the Ld. CIT(A). While the\nappeal against the order of the Ld. AO dated 29.03.2004 was pending before\nthe Ld. CIT(A), the Ld. CIT invoked the revisionary powers under section 263 of\nthe