RAJESHBHAI KANTILAL POPAT,SURAT vs. INCOME TAX OFFICER, WARD-2(2)(1), SURAT

In the result, ground of the appeal is partly allowed

transfer of\npurchase of goods were made. The said account is current account and\ndeposit shown in the said current account represents cash sales and debit in\nthe payment against purchase. The assessee furnished complete details with\nregard to both the bank accounts. The accounts of assessee are audited. The\ndebit entry clearly reflects that such debit entry