In the result the appeal of the assessee is allowed
Bench: Shri Sandeep Gosain & Shri Manoj Kumar Aggarwal
condone the delay of 487 days in filing the present appeal and admit the same for hearing. 7. In this appeal, the assessee has raised the following grounds of appeal: “1. That under the facts and circumstances of the case, the ld CIT(A) has erred in sustaining the NP rate of 10.16% subject to Depreciation and Interest to third