G-2 International Export Ltd. (Now Vaibhavlaxmi International Ltd.), Ahmedabad V. The Income Tax Officer, Ward-4(1), Ahmedabad

CO 262/AHD/2014

• Counselvise Citation: [2018] 119 COUNSELVISE.COM (IT) 5108 (ITAT-AHMEDABAD)
• Duration Of Justice: 4 year(s) 1 month(s) 2 day(s)
• Appeal Type: Cross Objection
• Pronouncement Date: 22-10-2018
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: C
• Next Hearing Date: 05-09-2017
• Assessment Year: 2009-2010
• Appeal Filed On: 19-09-2014
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: CROSSOBJECTOR
• Assessee Lawyers: LALIT P JAIN
• Keywords: Gross profit estimation; Unexplained expenditure; Business expenditure; Additional evidence; Advance ruling
• Section: 69C; 14A; 144

Judgement Text

ITA NO. 2143/AHD/2014 & CO#262/AHD/2014 ITO VS. G-2 INTERNATIONAL EXPORTS LTD AY : 2009-10 PAGE 1 OF 12 IN THE INCOME TAX APPELLATE TRIBUNAL AHMEDABAD A BENCH, AHMEDABAD [CORAM: PRAMOD KUMAR, VP AND MS. MADHUMITA ROY, JM] ITA NO. 2143/AHD/2014 & CO NO. 262/AHD/2014 ASSESSMENT YEAR : 2009-10 THE INCOME-TAX OFFICER ............APPELLA NT WARD-4(1), AHMEDABAD VS. G-2 INTERNATIONAL EXPORTS LTD .....................RESPONDENT & (NOW: VAIBHAVLAXMI INTERNATIONAL LTD.) CROSS-OBJECTOR B/44, ARYAMANN BUNGLOWS, THALTEJ, AHMEDABAD-380054 [PAN : AABCA 6690 G] APPEARANCES BY: LALIT P. JAIN, FOR THE APPELLANT GAURAV NAHTA, FOR THE RESPONDENT & CROSS-OBJECTOR DATE OF CONCLUDING THE HEARING : 30.07.2018 DATE OF PRONOUNCING THE ORDER : 22.10.2018 O R D E R PER PRAMOD KUMAR, VICE-PRESIDENT :- 1. THIS SET OF APPEAL AND CROSS-OBJECTION ARE DIREC TED AGAINST THE ORDER DATED 9 TH MAY 2014 PASSED BY THE CIT(A) IN THE MATTER OF ASS ESSMENT UNDER SECTION 144 OF THE INCOME-TAX ACT, 1961, FOR THE ASSESSMENT YEA R 2009-10. 2. WE WILL FIRST TAKE UP THE APPEAL FILED BY THE AS SESSING OFFICER. 3. IN GROUND NO.1, THE ASSESSING OFFICER HAS RAISED THE FOLLOWING GRIEVANCE:- THE LD. CIT(A) HAS ERRED IN LAW AND ON FACTS IN DE LETING THE ADDITION OF RS.1,19,680/- MADE U/S 69C OF THE ACT, AFTER ADMITT ING ADDITIONAL EVIDENCE IN VIOLATION OF RULE 46A OF IT RULES. 4. DURING THE COURSE OF ASSESSMENT PROCEEDINGS, THE ASSESSING OFFICER NOTICED THAT WHILE THE ASSESSEE HAD DEBITED RS.33,5 4,293/- UNDER THE HEAD STITCHING AND CUTTING CHARGES, THE BREAK-UP SHOWED THE PAYMENT OF RS.34,73,973/-. ACCORDINGLY, HE MADE AN ADDITION OF RS.1,19,680/- A S UNEXPLAINED EXPENDITURE UNDER SECTION 69C. AGGRIEVED, ASSESSEE CARRIED THE MATTER IN APPEAL BEFORE THE CIT(A). LEARNED CIT(A) NOTED THE ASSESSEES EXPLANA TION THAT A SUM OF RS.1,19,680/- PAID TO BVC & CO WAS WRONGLY DEBITED TO PROCESS CHARGES, AND DELETED THE ADDITION. THE ASSESSING OFFICER IS AGG RIEVED AND IN APPEAL BEFORE US. ITA NO. 2143/AHD/2014 & CO#262/AHD/2014 ITO VS. G-2 INTERNATIONAL EXPORTS LTD AY : 2009-10 PAGE 2 OF 12 5. HAVING HEARD THE RIVAL CONTENTIONS AND HAVING PE RUSED THE MATERIAL ON RECORD, WE FIND NO REASONS TO INTERFERE IN THE MATT ER. THE APPELLANT HAS NOT EVEN FAULTED THE EXPLANATION ON MERITS BUT CONFIRMED THE PLEA TO INADMISSIBILITY OF ADDITIONAL EVIDENCE BY THE CIT(A). WE ARE NOT INCL INED TO UPHOLD THIS PLEA, PARTICULARLY LOOKING TO THE FACT THAT EXPLANATION I S NOT CHALLENGED AND THAT AMOUNT INVOLVED IS A SMALL AMOUNT. WE APPROVE THE CONCLUS IONS ARRIVED AT BY THE CIT(A) AND DECLINE TO INTERFERE IN THE MATTER. 6. GROUND NO.1 IS DISMISSED. 7. IN GROUND NO.2, THE ASSESSING OFFICER HAS RAISED THE FOLLOWING GRIEVANCE:- THE LD. CIT(A) HAS ERRED IN LAW AND ON FACTS IN D ELETING THE ADDITION OF RS.23,96,563/- MADE ON ACCOUNT OF DISALLOWANCE U/S. 40(A)(I) OF THE ACT, WITHOUT PROPERLY APPRECIATING THE FACTS OF THE CASE AND THE MATERIAL BROUGHT ON RECORD THAT THE PAYMENTS MADE WERE GOVERNED BY C LAUSE(B) TO SUB SECTION(2) OF SECTION 5 OF THE IT ACT AND NOT U/S.9 (2) OF IT ACT. 8. LEARNED REPRESENTATIVES FAIRLY AGREE THAT THIS I SSUE IN APPEAL IS NOW SQUARELY COVERED, IN FAVOUR OF THE ASSESSEE, BY A S ERIES OF DECISIONS OF THIS TRIBUNAL INCLUDING IN THE CASES OF ITO VS. EXCEL CH EMICALS INDIA LTD [(2017) 184 TTJ 114 (AHD)] AND DCIT VS. WELSPUN CORPORATION LTD [(2017) 55 ITR (TRIB) 405 (AHD)]. LEARNED DEPARTMENTAL REPRESENTATIVE, HOWEV ER, RELIES UPON THE STAND OF THE ASSESSING OFFICER. 9. WE HAVE HEARD THE RIVAL CONTENTIONS, PERUSED THE MATERIAL ON RECORD AND DULY CONSIDERED FACTS OF THE CASE IN THE LIGHT OF T HE APPLICABLE LEGAL POSITION. 10. AS WE HAVE NOTED ABOVE, THE ISSUE ABOUT TAXABIL ITY OF COMMISSION EARNINGS BY NON-RESIDENT, FOR WORK DONE OUTSIDE INDIA, IS NO W DECIDED IN FAVOUR OF THE ASSESSEE BY A LARGE NUMBER OF JUDICIAL PRECEDENTS. THAT PRECISELY IS THE ISSUE IN THIS CASE, AND WE MUST, THEREFORE, UPHOLD THE RELIE F GRANTED BY THE CIT(A) ON THIS POINT. AS WE DO SO, AND DEALING WITH THE SPECIFIC ISSUE REFERRED TO IN THE GROUND OF APPEAL, WE MAY REFER TO THE FOLLOWING OBSERVATIONS MADE BY A CO-ORDINATE BENCH IN THE CASE OF WELSPUN CORP. LTD (SUPRA):- 31. THE SCHEME OF TAXABILITY IN INDIA, SO FAR AS T HE NON-RESIDENTS, ARE CONCERNED, IS LIKE THIS. SECTION 5 (2), WHICH DEALS WITH THE TAXABILITY OF INCOME IN THE HANDS OF A NON-RESIDENT, PROVIDES THA T 'THE TOTAL INCOME OF ANY PREVIOUS YEAR OF A PERSON WHO IS A NON-RESIDENT INCLUDES ALL INCOME FROM WHATEVER SOURCE DERIVED WHICH (A) IS RECEIVED OR IS DEEMED TO BE RECEIVED IN INDIA IN SUCH YEAR BY OR ON BEHALF OF S UCH PERSON; OR (B) ACCRUES OR ARISES OR IS DEEMED TO ACCRUE OR ARISE TO HIM IN INDIA DURING SUCH YEAR'. THERE IS NO DISPUTE THAT SINCE NO PART OF THE OPERA TIONS OF THE RECIPIENT NON- RESIDENTS IS CARRIED OUT IN INDIA, NO INCOME ACCRUE S TO THESE NON-RESIDENTS IN INDIA. THE CASE OF THE REVENUE HINGES ON INCOME WHICH IS 'DEEMED TO ACCRUE OR ARISE IN INDIA'. COMING TO THE DEEMING PR OVISIONS, WHICH ARE SET OUT IN SECTION 9, WE FIND THAT THE FOLLOWING STATUT ORY PROVISIONS ARE RELEVANT IN THIS CONTEXT: ITA NO. 2143/AHD/2014 & CO#262/AHD/2014 ITO VS. G-2 INTERNATIONAL EXPORTS LTD AY : 2009-10 PAGE 3 OF 12 'SECTION 9- INCOMES DEEMED TO ACCRUE OR ARISE IN IN DIA (1) THE FOLLOWING INCOMES WILL BE DEEMED TO ACCRUE OR ARISE IN INDIA: (I) ALL INCOME ACCRUING OR ARISING, WHETHER DIRECTL Y OR INDIRECTLY, THROUGH OR FROM ANY BUSINESS CONNECTION IN INDIA, O R THROUGH OR FROM ANY PROPERTY IN INDIA, OR THROUGH OR FROM ANY ASSET OR SOURCE OF INCOME IN INDIA, EXPLANATION: FOR THE PURPOSE OF THIS CLAUSE [I.E. 9 (1)(I)], (A) IN THE CASE OF A BUSINESS OF WHICH ALL THE OPER ATIONS ARE NOT CARRIED OUT IN INDIA, THE INCOME OF THE BUSINESS DE EMED UNDER THIS CLAUSE TO ACCRUE OR ARISE IN INDIA SHALL BE ONLY SU CH PART OF THE INCOME AS IS REASONABLY ATTRIBUTABLE TO THE OPERATI ONS CARRIED OUT IN INDIA; (B) (C) (D)** ** **' (VII) INCOME BY WAY OF FEES FOR TECHNICAL SERVICES PAYABLE BY- (A)** ** **' (B) A PERSON WHO IS A RESIDENT, EXCEPT WHERE THE FE ES ARE PAYABLE IN RESPECT OF SERVICES UTILISED IN A BUSINESS OR PROFE SSION CARRIED ON BY SUCH PERSON OUTSIDE INDIA OR FOR THE PURPOSES OF MA KING OR EARNING ANY INCOME FROM ANY SOURCE OUTSIDE INDIA; OR (C)** ** **' EXPLANATION 1-.* EXPLANATION 2.- FOR THE PURPOSES OF THIS CLAUSE, 'F EES FOR TECHNICAL SERVICES' MEANS ANY CONSIDERATION (INCLUDING ANY LU MP SUM CONSIDERATION) FOR THE RENDERING OF ANY MANAGERIAL, TECHNICAL OR CONSULTANCY SERVICES (INCLUDING THE PROVISION OF SE RVICES OF TECHNICAL OR OTHER PERSONNEL) BUT DOES NOT INCLUDE CONSIDERAT ION FOR ANY CONSTRUCTION, ASSEMBLY, MINING OR LIKE PROJECT UNDE RTAKEN BY THE RECIPIENT OR CONSIDERATION WHICH WOULD BE INCOME OF THE RECIPIENT CHARGEABLE UNDER THE HEAD' SALARIES'.' * NOT RELEVANT FOR OUR PURPOSES 32. SO FAR AS DEEMING FICTION UNDER SECTION 9(1)(I) IS CONCERNED, IT CANNOT BE INVOKED IN THE PRESENT CASE SINCE NO PART OF THE OP ERATIONS OF THE RECIPIENT'S BUSINESS, AS COMMISSION AGENT, WAS CARRIED OUT IN I NDIA. EVEN THOUGH DEEMING FICTION UNDER SECTION 9(1)(I) IS TRIGGERED ON THE FACTS OF THIS CASE, ON ACCOUNT OF COMMISSION AGENT'S BUSINESS CONNECTIO N IN INDIA, IT HAS NO IMPACT ON TAXABILITY IN THE HANDS OF COMMISSION AGE NT BECAUSE ADMITTEDLY NO BUSINESS OPERATIONS WERE CARRIED OUT IN INDIA, A ND, THEREFORE, EXPLANATION 1 TO SECTION 9(1)(I) COMES INTO PLAY. 33. THERE ARE A COUPLE OF RULINGS BY THE AUTHORITY FOR ADVANCE RULING, WHICH SUPPORT TAXABILITY OF COMMISSION PAID TO NON-RESIDE NTS UNDER SECTION 9(1)(I), BUT, NEITHER THESE RULINGS ARE BINDING PRECEDENTS F OR US NOR ARE WE ITA NO. 2143/AHD/2014 & CO#262/AHD/2014 ITO VS. G-2 INTERNATIONAL EXPORTS LTD AY : 2009-10 PAGE 4 OF 12 PERSUADED BY THE LINE OF REASONING ADOPTED IN THESE RULINGS. AS FOR THE AAR RULING IN THE CASE OF SKF BOILERS & DRIERS (P.) LTD . IN RE [2012] 343 ITR 385/206 TAXMAN 19/18 TAXMANN.COM 325 (AAR - NEW DEL HI), WE FIND THAT THIS DECISION MERELY FOLLOWS THE EARLIER RULING IN THE CASE OF RAJIV MALHOTRA, IN RE [2006] 284 ITR 564/155 TAXMAN 101 (AAR - NEW DELHI) WHICH, IN OUR CONSIDERED VIEW, DOES NOT TAKE INTO ACCOUNT THE IMP ACT OF EXPLANATION 1 TO SECTION 9(1)(I) PROPERLY. THAT WAS A CASE IN WHICH THE NON-RESIDENT COMMISSION AGENT WORKED FOR PROCURING PARTICIPATION BY OTHER NON-RESIDENT ENTITIES IN A FOOD AND WINE SHOW IN INDIA, AND THE CLAIM OF THE ASSESSEE WAS THAT SINCE THE AGENT HAS NOT CARRIED OUT ANY BUSINE SS OPERATIONS IN INDIA, THE COMMISSION AGENT WAS NOT CHARGEABLE TO TAX IN I NDIA, AND, ACCORDINGLY, THE ASSESSEE HAD NO OBLIGATION TO DEDUCT TAX AT SOU RCE FROM SUCH COMMISSION PAYMENTS TO THE NON-RESIDENT AGENT. ON T HESE FACTS, THE AUTHORITY FOR ADVANCE RULING, INTER ALIA, OPINED TH AT 'NO DOUBT THE AGENT RENDERS SERVICES ABROAD AND PURSUES AND SOLICITS EX HIBITORS THERE IN THE TERRITORY ALLOTTED TO HIM, BUT THE RIGHT TO RECEIVE THE COMMISSION ARISES IN INDIA ONLY WHEN EXHIBITOR PARTICIPATES IN THE INDIA INTERNATIONAL FOOD & WINE SHOW (TO BE HELD IN INDIA), AND MAKES FULL AND FINA L PAYMENT TO THE APPLICANT IN INDIA' AND THAT 'THE COMMISSION INCOME WOULD, TH EREFORE, BE TAXABLE UNDER SECTION 5(2)(B) READ WITH SECTION 9(1)(I) OF THE ACT'. THE AUTHORITY FOR ADVANCE RULING ALSO HELD THAT 'THE FACT THAT THE AG ENT RENDERS SERVICES ABROAD IN THE FORM OF PURSUING AND SOLICITING PARTI CIPANTS AND THAT THE COMMISSION IS REMITTED TO HIM ABROAD ARE WHOLLY IRR ELEVANT FOR THE PURPOSE OF DETERMINING SITUS OF HIS INCOME'. WE DO NOT CONS IDER THIS APPROACH TO BE CORRECT. WHEN NO OPERATIONS OF THE BUSINESS OF COMM ISSION AGENT IS CARRIED ON IN INDIA, THE EXPLANATION 1 TO SECTION 9(1)(I) T AKES THE ENTIRE COMMISSION INCOME FROM OUTSIDE THE AMBIT OF DEEMING FICTION UN DER SECTION 9(1)(I), AND, IN EFFECT, OUTSIDE THE AMBIT OF INCOME 'DEEMED TO A CCRUE OR ARISE IN INDIA' FOR THE PURPOSE OF SECTION 5(2)(B). THE POINT OF TIME W HEN COMMISSION AGENT'S RIGHT TO RECEIVE THE COMMISSION FRUCTIFIES IS IRREL EVANT TO DECIDE THE SCOPE OF EXPLANATION 1 TO SECTION 9(1 )(I), WHICH IS WHAT IS MATERIAL IN THE CONTEXT OF THE SITUATION THAT WE ARE IN SEISIN OF. THE REVENUE 'S CASE BEFORE US HINGES ON THE APPLICABILITY OF SECTION 9(1)(I) AND, IT IS, THEREFORE. IMPORTANT TO ASCERTAIN AS TO WHAT EXTENT WOULD THE RIGOUR OF SEC TION 9(1)(I) BE RELAXED BY EXPLANATION 1 TO SECTION 9(1)(I). WHEN WE EXAMINE T HINGS FROM THIS PERSPECTIVE, THE INEVITABLE CONCLUSION IS THAT SINC E NO PART OF THE OPERATIONS OF THE BUSINESS OF THE COMMISSION AGENT IS CARRIED OUT IN INDIA, NO PART OF THE INCOME OF THE COMMISSION AGENT CAN BE BROUGHT T O TAX IN INDIA. IN THIS VIEW OF THE MATTER, VIEWS EXPRESSED BY THE HON'BLE AAR, WHICH DO NOT FETTER OUR INDEPENDENT OPINION ANYWAY IN VIEW OF ITS LIMIT ED BINDING FORCE UNDER S. 245S OF THE ACT, DO NOT IMPRESS US, AND WE DECLINE TO BE GUIDED BY THE SAME. THE STAND OF THE REVENUE, HOWEVER, IS THAT TH ESE RULINGS, BEING FROM SUCH A HIGH QUASI-JUDICIAL FORUM, EVEN IF NOT BINDI NG, CANNOT SIMPLY BE BRUSHED ASIDE EITHER, AND THAT THESE RULINGS AT LEA ST HAVE PERSUASIVE VALUE. WE HAVE NO QUARREL WITH THIS PROPOSITION. WE HAVE, WITH UTMOST CARE AND DEEPEST RESPECT, PERUSED THE ABOVE RULINGS RENDERED BY THE HON'BLE AUTHORITY FOR ADVANCE RULING. WITH GREATEST RESPECT , BUT WITHOUT SLIGHTEST HESITATION, WE HUMBLY COME TO THE CONCLUSION THAT W E ARE NOT PERSUADED BY THESE RULINGS. ITA NO. 2143/AHD/2014 & CO#262/AHD/2014 ITO VS. G-2 INTERNATIONAL EXPORTS LTD AY : 2009-10 PAGE 5 OF 12 11. GROUND NO.2 IS THUS ALSO DISMISSED. 12. ON GROUND NO.3, THE ASSESSING OFFICER HAS RAISE D THE FOLLOWING GRIEVANCE:- 3 THE LD.CIT(A) HAS ERRED IN LAW AND ON FACTS IN DELETING THE ADDITION OF RS. 1,49,18,219/- IN RESPECT OF ESTIMATION OF GROSS PROFIT, WITHOUT PROPERLY APPRECIATING THE FACTS OF THE CASE AND THE MATERIAL BROUGHT ON RECORD WHEN ASSESSEE HAD FAILED TO SATISFACTORILY EXPLAIN THE D ISCREPANCY IN STOCKS. 13. SO FAR AS THIS GROUND OF APPEAL IS CONCERNED, R ELEVANT MATERIAL FACTS ARE LIKE THIS. DURING THE COURSE OF ASSESSMENT PROCEEDINGS, THE ASSESSING OFFICER POINTED OUT CERTAIN STOCK DISCREPANCIES IN THE RESPECT OF S ALE OF MADE UPS, SHORTAGE OF CLOSING STOCK AND VARIATIONS IN FIGURES OF PACKING AND FOLDING MATERIAL BUT THE ASSESSEE DID NOT CLARIFY THE POSITION. THE ASSESSE E ALSO DID NOT COMPLY WITH THE ASSESSING OFFICERS REQUISITION TO FURNISH MONTH-WI SE PURCHASE, CONSUMPTION, PRODUCTION AND SALES QUANTITATIVE RECORDS. IT WAS IN THIS BACKDROP THAT THE ASSESSING OFFICER MADE AN ADDITION OF RS.1,49,18,21 9/- ON THE BASIS OF FOLLOWING REASONING:- FROM THE FORGOING DISCUSSIONS, THE FOLLOWING IRRE SISTIBLE CONCLUSION CAN BE REACHED:- (I) THE ASSESSEE FAILED TO PRODUCE THE BOOKS OF ACCOUNT, STOCK REGISTER AND OTHER DOCUMENTS FOR THE VERIFICATION OF THE A.O . INSPITE OF NUMEROUS OPPORTUNITIES AFFORDED TO IT WITHOUT ANY R EASONABLE CAUSE. (II) IN THE AUDITED ACCOUNT FURNISHED DURING THE COURSE OF ASSESSMENT PROCEEDINGS, IT IS SEEN THAT THERE ARE STOCK VARIAT IONS IN RESPECT OF FABRIC LOCAL, FABRIC EXPORT AND MADE-UPS ETC. (III) THE ASSESSEE FAILED TO RECONCILE THE DISCREP ANCIES IN THE AUDITED ACCOUNT AS POINTED OUT ABOVE WITH BOOKS OF ACCOUNT, STOCK REGISTER AND OTHER DOCUMENTS. 6.4 IN VIEW OF THE ABOVE, THE BOOK RESULTS DECLARE D BY THE ASSESSEE CANNOT BE CONSIDERED AS A GOSPEL ONE. AS THE ASSESSEE FAIL ED TO PRODUCE THE BOOKS OF ACCOUNT, STOCK REGISTER ETC. THE DEFECT IN THE AUDITED ACCOUNT FILED ALONG WITH THE BALANCE SHEET AND P & L A/C. CANNOT BE VERIFIED. AS SUCH, THE BOOK RESULT SHOWN BY THE ASSESSEE IS REJECTED. DURI NG THE YEAR UNDER CONSIDERATION, THE ASSESSEE HAS SHOWN A MEAGER GROS S PROFIT AT 4%, IT IS ALSO SEEN THAT THE ASSESSEE HAS SHOWN A BETTER GROS S PROFIT AT 12% IN THE PREVIOUS YEAR RELEVANT TO A.Y. 2006-07 AND THEREAFT ER, ITS GROSS PROFIT NOSE- DIVED TO 1.18% IN A.Y. 03-09. AFTER CONSIDERING THE TOTALITY OF THE ASSESSEE'S CASE, I CONSIDER IT REASONABLE TO ESTIMATE THE G.P. OF THE ASSESSEE AT 8% FOR A.Y. 2009-10. ACCORDINGLY, THE G.P. OF THE ASSE SSEE IS WORKED OUT TO RS.3,77,19,856/-, THE ASSESSEE HAS SHOWN THE G.P, O F RS. 2,28,01,637/-, THEREFORE, THE DIFFERENCE OF RS. 1,49,18,2197- [377 19856 - 22801637] IS ADDED TO THE TOTAL INCOME OF THE ASSESSEE. PENALTY PROCEEDING U/S. 27L(L)(C) ARE SEPARATELY INITIATED FOR FURNISHING INACCURATE PARTICULARS OF INCOME. ITA NO. 2143/AHD/2014 & CO#262/AHD/2014 ITO VS. G-2 INTERNATIONAL EXPORTS LTD AY : 2009-10 PAGE 6 OF 12 14. AGGRIEVED, ASSESSEE CARRIED THE MATTER IN APPEA L BEFORE THE CIT(A). LEARNED CIT(A) TOOK NOTE OF THE EXPLANATION OF THE ASSESSEE, CONFRONTED THE ASSESSING OFFICER WITH THE SAME, AND FINALLY DELETE D THE IMPUGNED ADDITION BY OBSERVING AS FOLLOWS:- 6.1 BEFORE ME THE A.R. ARGUED THAT THE ADDITI ON MADE IS ARBITRARY AND HAS GIVEN FOLLOWING WRITTEN SUBMISSION :- 5.1 THE APPELLANT RESPECTFULLY SUBMITS THAT THE GRO SS PROFIT ADDITIONS MADE BY THE A.O. BEING CONTRARY TO THE FACTS AND PR OVISION OF LAW IN NOT TENABLE IN THE EYES OF LAW. IT IS STATED THAT T HE BOOKS OF ACCOUNT OF THE APPELLANT WAS GOT AUDITED UNDER THE PROVISIO N OF THE COMPANIES ACT AS WELL AS NECESSARY REPORT WAS ALSO OBTAINED UNDER THE PROVISION OF INCOME TAX ACT. AS REGARDS MONTH-W ISE DETAILS, IT IS STATED THAT THE APPELLANT WAS DEALING IN NUMBER OF QUALITY/PRODUCTS AND THEREFORE IT WAS SUBMITTED THAT PRODUCT WISE MO NTH WISE DETAILS OF PURCHASES, CONSUMPTION WAS NOT FEASIBLE. AS REGARDS ALLEGED DIFFERENCE IN AUDIT REPORT AND T AX AUDIT REPORT WE HAVE TO SUBMIT THAT THERE WERE SOME TYPING ERRORS I N AUDIT REPORTS, WHICH ARE AS UNDER :- (I) THE APPELLANT HAD GOT PROCESSED 145416 MTR O F CLOTH FROM THE CONSUMPTION OF GREY CLOTH OF 144775 MTRS, HOWEVER I N 3CD REPORT, IT WAS WRONGLY STATED AS PURCHASED METERS 1 45416. (II) THE APPELLANT HAD PURCHASED 2704 READY SETS D URING THE YEAR HOWEVER, THE SAME WAS SHOWN AS OPENING STOCK IN THE 3 CD REPORT. (III) THE APPELLANT HAD GOT MANUFACTURED 403712 RE ADY SETS AND BY PRODUCT BEING FENTS AND RAGS OF 52498 MTRS FROM THE GREY CLOTH CONSUMPTION OF 2059296 MTRS, HOWEVER, IN THE AUDIT REPORT, IT WAS SHOWN AS PURCHASES OF READY SETS. THE APPELLANT FURTHER SUBMITS THAT IF THESE ERRORS ARE RECTIFIED THEN THERE WILL NOT BE ANY DIFFERENCE. THE APPELLANT ENC LOSE HEREWITH COMPLETE DETAILS IN THE MATTER. THE APPELLANT FURTH ER SUBMITS THAT ALL THE PURCHASES AND SALES ARE VOUCHED AND VERIFIABLE THEREFORE NO ADVERSE INFERENCE WAS REQUIRED TO BE DRAWN. AS REGA RDS LOWER GROSS PROFIT MARGIN AS COMPARED TO ASSESSMENT YEAR 2006-0 7 FOR IH-E YEAR, IT IS STATED THAT APPELLANT IS MAINLY ENGAGED IN EX PORTS OF GOODS AND THE PROFIT MARGIN DEPENDS UPON VARIOUS FACTORS, MOR EOVER, ALL THE PURCHASES AND SALES ARE VOUCHED AND THE TRANSACTION ARE TAKEN PLACE THROUGH BANKING CHANNEL AND THEREFORE NO PRES UMPTION IS REQUIRED TO BE MADE THAT THE APPELLANT HAD EARNED M ORE PROFIT OVER AND ABOVE SHOWN IN BOOKS OF ACCOUNT. THE APPELLANT FURTHER SUBMITS THAT THE G.P RATE FOR THE PRECEDING ASSESSMENT YEAR WAS 1.19% AS AGAINST G.P. RATE OF 4.83% FOR THE YEAR UNDER CONSI DERATION AND THEREFORE THE APPELLANT HAD SHOWN BETTER G.P. RATE AND THEREFORE THE ITA NO. 2143/AHD/2014 & CO#262/AHD/2014 ITO VS. G-2 INTERNATIONAL EXPORTS LTD AY : 2009-10 PAGE 7 OF 12 A.O. WAS NOT CORRECT TO ADOPT G. P. RATE OF 8%. THE REFORE, THE ADDITIONS MADE BY THE A.O. ARE NOT JUSTIFIED AND DE SERVES TO BE DELETED. THE APPELLANT FURTHER SUBMITS THAT IN THE INFORMATI VE SECTION OF AUDIT REPORT, THE AUDITORS HAD INCORRECTLY STATED THE PAC KING MATERIAL EXPENSES AT RS. 9379688/- AS AGAINST CORRECT PURCHA SES OF RS.7863240/- IT APPEARS THAT THE AUDITORS HAD COPIE D FIGURES RELATED TO OTHER PARTY INADVERTENTLY AS THE SCHEDULE 19 CLE ARLY SHOW PACKING MATERIAL PURCHASES WAS RS.7863240/-. CONSIDERING THE ABOVE FACTS, IT IS SUBMITTED THAT A LL THE PURCHASES AND SALES ARE VOUCHED, DIFFERENCE IN QUANTITY WAS D UE TO TAKING OF INCORRECT FIGURE AND THE DIFFERENCE STANDS RECONCIL ED, BOOKS OF ACCOUNT ARE AUDITED AND THERE IN NO QUALIFICATION M ADE BY AUDITORS. HENCE, THE ADDITION MADE BY THE A.O. OF RS.14918219 /-' THE A.R. HAD CLAIMED THAT THERE WERE CERTAIN ARITHM ETICAL / PRESENTATION ERROR AND WHICH WERE MADE BASIS FOR MAKING HUGE ADD ITIONS. ACCORDINGLY, IT WAS THOUGHT FIT TO CALL FOR REMAND REPORT FROM THE A.O. IN THE MATTER. THE A,O. WAS ACCORDINGLY PROVIDED A COPY OF THE PAPER B OOK AND ASKED TO LOOK INTO MATTER AFRESH AND GIVE HIS REPORT. HOWEVER, TH E A.O. DID NOT SUBMIT THE REPORT IN THE TIME AND WAS AGAIN REQUESTED TO SEND THE REPORT. THE A.O. SENT HIS REMAND REPORT WHEREIN HE HAS REITERATED TH AT THERE WERE DISCREPANCIES IN AUDIT REPORT AND THEREFORE THE ADD ITION MADE WAS IN ORDER. THE A.R WAS PROVIDED A COPY OF THE REMAND REPORT FO R ITS COMMENTS. THE A.R. SUBMITTED AS UNDER :- IN CONTINUATION TO THE EARLIER SUBMISSION, THE APPE LLANT IN RESPONSE TO THE REMAND REPORT OF THE A.O., SUBMITS AS UNDER :- AS REGARDS G.P. ADDITION, THE A.O. HAS STATED THAT HE HAD PROVED THE DISCREPANCY IN STOCK IN THE ASSESSMENT ORDER, WHICH IS FACTUALLY INCORRECT IN VIEW OF THE COMPLETE QUANTITATIVE DETA ILS FURNISHED VIDE PAGE 71 OF THE PAPER BOOK. IT IS STATED THAT THE A. O. HAS NOT APPRECIATED THAT WITHOUT CONSUMPTION OF 2059296 MTR S, THE APPELLANT WOULD NOT HAVE PRODUCED MADE UPS OF 403712 NOS. THE REFORE, ACCORDING TO A.O. THERE WAS NEGATIVE STOCK OF MADE UPS OF 403712. LIKEWISE, THERE IS NO SEPARATION OF FABRIC IN LOCAL AND EXPORT. IT IS THE BIFURCATION OF SALES OF THE COMMON FABRIC INTO LOCA L SALES AND EXPORTS SALES AND THEREFORE THERE CANNOT BE ANY SALE OF EXP ORTS FABRIC MORE THAN STOCK. THE A.O. HAS MISUNDERSTOOD THE FADS AND HAS NOT REBUTTED THE QUANTITY DATA AS SHOWN ON PAGE 71 OF T HE PAPER BOOK. THE ENTIRE QUANTITY DATA ARE RECONCILED WHICH IS EV IDENT FROM THE FOLLOWING: AS PER A.O. FABRIC LOCAL 2549530 (SHORTAGE) FABRIC EXPORTS -635650 ( EXCESS) ITA NO. 2143/AHD/2014 & CO#262/AHD/2014 ITO VS. G-2 INTERNATIONAL EXPORTS LTD AY : 2009-10 PAGE 8 OF 12 MADE UPS -403712 (EXCESS) RECONCILIATION FABRIC LOCAL 2549530 EXPORTS - 635650 ----------------- 1913880 PRODUCTION NOT CONSIDERED BY A. 0. 145416 ----------------- CONSUMPTION OF FABRIC AS PER PAGE 71 2059296 ========= MADE UPS THE DIFFERENCE OF 403712 NOS OF MADE UPS ARE DUE TO NOT CONSIDERING THE PRODUCTION OF 403712 OUT OF THE CON SUMPTION OF 2059296 MTS. THEREFORE, NOTHING IS REMAINED TO BE RECONCILED. IN VIEW OF THE ABOVE FACTS AND SUBMISSION MADE BY THE APPELLANT, THERE I S NO QUANTITY DIFFERENCE WHICH WAS CALCULATED BY THE A.O. AND ACC ORDINGLY G.P. ADDITION MADE BASED THEREON DESERVES TO BE DELETED. THE A.R. ALSO STATED THAT NO OPPORTUNITY WAS GIVEN TO EXPLAIN THE ALLEGED DIFFERENCE ACCORDING TO THE A.O. SINCE ACTUALLY THE RE WAS QUANTITATIVE TALLIED AND NO DIFFERENCE WAS THERE. ACCORDINGLY, THE A.O. WAS FURTHER REQUESTED TO SEND REMAND REPORT AFTER VERIFYING THE SUBMISSION O F THE APPELLANT WITH THE FACTS OF THE CASE. HOWEVER, AGAIN NO HEARING WAS DO NE AND THE REMAND REPORT DATED 15/10/2013 WAS RECEIVED STATING THAT A CTION TAKEN IN ORIGINAL ASSESSMENT PROCEEDING WAS CORRECT AS ACCORDING TO T HE A.O. THERE WERE DISCREPANCY. THE A.R. WAS PROVIDED A COPY OF THE RE PORT AND ASKED TO SUBMIT HIS REPLY, IF ANY. THE A.R. IN THE SECOND RE MAND REPORT STATED AS UNDER:- IN CONTINUATION TO THE EARLIER SUBMISSION, THE APPE LLANT IN RESPONSE TO THE REMAND REPORT DATED 15/10/2013 OF THE A.O., SUB MITS AS UNDER:- THE APPELLANT COMPANY HAD SUBMITTED A LETTER TO THE INCOME TAX OFFICER ON 02/08/2013 ATTACHING A COPY OF LETTER DA TED 15/03/2013 AS RECEIVED FROM STATUTORY AUDITORS NIMESH M. SHAH & C O A COPY OF THE SAID LETTER SUBMITTED TO THE A. 0. IS ENCLOSED HERE WITH FOR YOUR HONOUR'S KIND PERUSAL. IT IS ADDED THAT THE AUDITOR HAD ACCEPTED THE TYPOGRAPHICAL MISTAKES OCCURRED DUE TO HIS TEAM AND ACCORDINGLY THE A.O. SHOULD HAVE TAKEN INTO CONSIDERATION BEFORE SE NDING THE REMAND REPORT TO YOUR HONOUR. THE SAID LETTER WAS F ILED ON 02/08/2013 AND THE REMAND REPORT WAS GIVEN BY HIM O N 15/10/2013. HAD THE A.O. CONSIDERED THE CONTENTS OF THE LETTER, THERE WILL NOT HAVE BEEN ANY DISCREPANCY. IT IS SUBMITTED THAT THE ADDI TIONS WERE MADE BY THE A.O. BASED ON THE COMPARISON OF DATA GIVEN I N AUDIT REPORT ITA NO. 2143/AHD/2014 & CO#262/AHD/2014 ITO VS. G-2 INTERNATIONAL EXPORTS LTD AY : 2009-10 PAGE 9 OF 12 AS PREPARED UNDER THE COMPANIES ACT AND WITH THAT O F REPORT U/S 44AB OF INCOME TAX ACT. THE A.O. HAS RELIED UPON TH E REMAND REPORT AS SENT BY HIS ID PREDECESSOR. HOWEVER, HE F AILED TO CONSIDER THE REPLY SUBMITTED BY THE APPELLANT. IT IS AGAIN R EITERATED THAT :- 1. AS REGARDS G.P. ADDITION , THE A.O. HAS STATED THAT HE HAD PROVED THE DISCREPANCY IN STOCK IN THE ASSESSMENT ORDER, W HICH IS FACTUALLY INCORRECT IN VIEW OF THE COMPLETE QUANTITATIVE DETA ILS FURNISHED VIDE PAGE 71 OF THE PAPER BOOK. IT IS STATED THAT THE A. O. HAS NOT APPRECIATED THAT WITHOUT CONSUMPTION OF 2059296 MTR S, THE APPELLANT WOULD NOT HAVE PRODUCED MADE UPS OF 403712 NOS. THE REFORE, ACCORDING TO A.O. THERE WAS NEGATIVE STOCK OF MADE UPS OF 403712. LIKEWISE, THERE IS NO SEPARATION OF FABRIC IN LOCAL AND EXPORT. IT IS THE BIFURCATION OF SALES OF THE COMMON FABRIC INTO LOCA L SALES AND EXPORTS SALES AND THEREFORE THERE CAN NOT BE ANY SALE OF EX PORTS FABRIC MORE THAN STOCK. THE A.O. HAS MISUNDERSTOOD THE FACTS AN D HAS NOT REBUTTED THE QUANTITY DATA AS SHOWN ON PAGE 71 OF T HE PAPER BOOK. THE ENTIRE QUANTITY DATA ARE RECONCILED WHICH IS EV IDENT FROM THE FOLLOWING: AS PER A.O. FABRIC LOCAL 2549530 (SHORTAGE) FABRIC EXPORTS -635650 (EXCESS) MADE UPS -403712 (EXCESS) RECONCILIATION FABRIC EXPORTS 2549530 EXPORTS - 635650 --------------- 1913880 PRODUCTION NOT CONSIDERED BY A. O . 145416 --------------- CONSUMPTION OF FABRIC AS PER PAGE 71 2059296 ======= MADE UPS THE DIFFERENCE OF 403712 NOS OF MADE UPS ARE DUE TO NOT CONSIDERING THE PRODUCTION OF 403712 OUT OF THE CON SUMPTION OF 2059296 MTS. THEREFORE, NOTHING IS REMAINED TO BE RECONCILED. IN VIEW OF THE ABOVE FACTS AND SUBMISSION MADE BY THE APPELLANT, THERE I S NO QUANTITY DIFFERENCE WHICH WAS CALCULATED BY THE A.O. AND ACC ORDINGLY G.P. ADDITION MADE BASED THEREON DESERVES TO BE DELETED- ' THE A.R. STATED THAT IN VIEW OF THE FACTS ADDITION DESERVES TO BE DELETED. 6.2 I HAVE CONSIDERED THE, FACTS, ASSESSMENT OR DER, REMAND REPORT AS WELL AS WRITTEN AND ORAL SUBMISSION MADE BY THE A.R . ON BEHALF OF THE ITA NO. 2143/AHD/2014 & CO#262/AHD/2014 ITO VS. G-2 INTERNATIONAL EXPORTS LTD AY : 2009-10 PAGE 10 OF 12 APPELLANT. I FIND THAT THERE WERE SOME MISTAKE DONE BY AUDITOR IN HIS REPORT BUT THE SAME WERE RECTIFIED BY HIM IN A LETTER ADDR ESSED TO THE BOARD OF DIRECTORS DATED 15/03/2013 WHEREIN HE HAS ACCEPTED THE TYPOGRAPHICAL MISTAKE AND STATED CORRECT AMOUNT OF QUANTITY. THE A.O. HAD CALCULATED THE DISCREPANCY AND THAT WAS REBUTTED BY THE A.R. BY RE CONCILING IT WITH THE FIGURES GIVEN IN THE AUDIT REPORT ITSELF. I ALSO AG REE WITH THE APPELLANT THAT CLOTH CANNOT BE PRODUCED AS BIFURCATED IN EXPORT AS WELL AS LOCAL. IT IS THE SALES WHICH ARE BIFURCATED IN LOCAL AND EXPORT SALE S. SIMILARLY, THERE WERE SALE OF MADE UP BUT THE A.O. DID NOT ACCEPT THAT CO NSUMPTION OF CLOTH HAD RESULTED IN PRODUCTION OF MADE UP. THE APPELLANT IN THE PAPER BOOK HAS GIVEN DETAILED QUANTITATIVE TALLIED WHICH WAS ALSO SENT TO THE A.O. AND NO CONTRARY VIEW WAS RECEIVED FROM THE A.O. AND ACCORD INGLY I AM SATISFIED THAT THERE REMAINS NO DIFFERENCE AS CALCULATED BY T HE A.O. IN THE LIGHT OF RECONCILIATION AND LETTER PLACED OF AUDITORS WHEREI N HE HAS ACCEPTED THE MISTAKE AND RECTIFIED. SECONDLY, THE A.O. HAS NOT M ADE ADDITION BASED ON QUANTITY DIFFERENCES AS CALCULATED BY HIM. HE HAS M ADE BASIS FOR REJECTING BOOK RESULT BY STATING THESE ERRORS. I ALSO FIND TH AT G.P. RATE FOR THE YEAR WAS BETTER AS COMPARED TO THE IMMEDIATELY PRECEDING YEA R AND THEREFORE THE A.O. WAS NOT CORRECT TO ADOPT THE G.P. RATE RELEVAN T TO ASSESSMENT YEAR 2006-07 AND NOT CONSIDERING THE G.P. OF OTHER PERIO D I.E. 2007-08, 2008-09. AS THE ALLEGED DIFFERENCE STANDS RECONCILED AND G.P . RATE IS BETTER, THERE IS NO POINT IN KEEPING ADDITION WITHOUT ANY REASON. I THEREFORE DIRECT TO DELETE THE ADDITION OF RS. 14918219/-. 15. THE ASSESSING OFFICER IS AGGRIEVED OF THE RELIE F SO GRANTED BY THE CIT(A). 16. WE HAVE HEARD THE RIVAL CONTENTIONS, PERUSED TH E MATERIAL ON RECORD AND DULY CONSIDERED FACTS OF THE CASE IN THE LIGHT OF T HE APPLICABLE LEGAL POSITION. 17. WE HAVE NOTED THAT WHEN ASSESSING OFFICER WAS C ONFRONTED WITH THE EXPLANATION OF THE ASSESSEE, HE DID NOT HAVE ANYTHI NG TO SAY BEYOND THAT ACTION TAKEN IN THE ORIGINAL ASSESSMENT PROCEEDINGS WAS CO RRECT AS, ACCORDING TO THE ASSESSING OFFICER, THERE WERE DISCREPANCIES . THESE FINDINGS OF THE CIT(A) ARE NOT CLAIMED TO BE PERVERSE OR FACTUALLY INCORRECT. WHEN AN ASSESSING OFFICER DECLINES TO MEET THE SPECIFIC POINTS RAISED BY THE ASSESSEE IN FIRST APPELLATE PROCEEDINGS, THERE IS OBVIOUSLY NO POINT IN CHALLEN GING THE CONCLUSIONS ARRIVED AT IN THE FIRST APPELLATE PROCEEDINGS BASED ON VAGUE G ENERALITIES. NO SPECIFIC ISSUES ARE RAISED IN APPEAL BEFORE US. WE HAVE ALSO NOTED THAT THE LEARNED CIT(A) HAS GRANTED IMPUGNED RELIEF ON THE BASIS OF SPECIFIC EX PLANATIONS OF THE ASSESSEE WHICH HAVE REMAINED UNCONTROVERTED. IN THE LIGHT O F THESE DISCUSSIONS AS ALSO BEARING IN MIND ENTIRETY OF THE CASE, WE APPROVE WE LL REASONED CONCLUSIONS ARRIVED AT BY THE LEARNED CIT(A) AND DECLINE TO INTERFERE I N THE MATTER. 18. GROUND NO.3 IS THUS DISMISSED. 19. IN GROUND NO. 4, THE ASSESSING OFFICER HAS RAIS ED THE FOLLOWING GRIEVANCE:- 4. THE LD.CIT(A) HAS ERRED IN. LAW AND ON FACTS IN DELETING- THE DISALLOWANCE OF ADMINISTRATIVE EXPENSES OF RS.1,63, 485/- MADE U/S 14A OF THE ACT, WITHOUT PROPERLY APPRECIATING THE FACTS OF THE CASE AND THE MATERIAL BROUGHT ON RECORD. ITA NO. 2143/AHD/2014 & CO#262/AHD/2014 ITO VS. G-2 INTERNATIONAL EXPORTS LTD AY : 2009-10 PAGE 11 OF 12 20. AS FAR AS THIS GRIEVANCE IS CONCERNED, IT IS SU FFICIENT TO TAKE NOTE OF THE FACT THAT LEARNED CIT(A) HAS DELETED ENTIRE DISALLOWANCE OF RS.19,10,816/- UNDER SECTION 14A R.W.R. 8D ON THE SHORT GROUND THAT THE ASSESSEE DID NOT USE ANY BORROWED FUNDS IN MAKING INVESTMENTS YIELDING TAX E XEMPT INCOME. WHAT HE, HOWEVER, OVERLOOKED WAS THE FACT THAT OUT OF DISALL OWANCE OF RS.19,10,816/-, THE DISALLOWANCE OF RS.17,47,331/- WAS ON ACCOUNT OF IN TEREST EXPENSES AND RS.1,63,485/- ON ACCOUNT OF ADMINISTRATIVE EXPENSES BEING 0.5% OF AVERAGE INVESTMENTS. LEARNED COUNSEL FOR THE ASSESSEE HAS NOTHING TO SAY ON THIS FACTUAL ASPECT. CLEARLY, THERE WAS NO CAUSE AND EFFECT REL ATIONSHIP BETWEEN FINDINGS OF THE CIT(A) AND DELETION OF DISALLOWANCE TO THE EXTE NT OF RS.1,63,485/-. WE, THEREFORE, RESTORE THE DISALLOWANCE TO THIS EXTENT. 21. GROUND NO.3 IS THUS ALLOWED. 22. THE APPEAL OF THE ASSESSING OFFICER IS THUS PAR TLY ALLOWED. 23. GRIEVANCES RAISED IN THE CROSS-OBJECTION ARE AS FOLLOWS:- 1) THE LD. CIT{A) HAS ERRED IN LAW AND ON FACTS IN CONFIRMING THE ADDITION OF RS. 399000/- ON ACCOUNT OF SALES PROMOTION EXPEN SES. THE SAME WAS IN RELATION TO GOLD COINS PURCHASED FROM BANK OF BAROD A. THE SAME WERE RELATED TO THE BUSINESS OF THE APPELLANT AND THEREF ORE AO OUGHT TO HAVE ALLOWED THE EXPENSES. 2) THE LD CIT(A) HAS ERRED IN LAW AND ON FACTS IN CONFIRMING THE ADDITION OF RS. 530347/- ON ACCOUNT OF COMMISSION EXPENSES P AID TO SMT. TARBINIDEVI NATHANI. THE APPELLANT HAD SUBMITTED AL L THE DETAILS INCLUDING THE CONFIRMATIONS, THEREFORE LD. CIT(A) OUGHT TO HA VE DELETED THE ADDITION. 24. LEARNED COUNSEL FAIRLY ACCEPTS THAT WHILE THERE IS EVIDENCE ABOUT PURCHASE OF GOLD COINS, HE IS NOT IN A POSITION TO FURNISH A NY CONTEMPORANEOUS EVIDENCE ABOUT THE SERVICES RENDERED AND SPECIFIC DETAILS. THE MERE PURCHASE OF GOLD COINS OBVIOUSLY DOES NOT ENTITLE THE ASSESSEE TO DEDUCTIO N, IN RESPECT OF THE SAME, AS BUSINESS EXPENSES. WHEN IT WAS SO POINTED OUT TO T HE LEARNED COUNSEL, HE DID NOT PRESS POINT FURTHER. CROSS-OBJECTION IS THUS DISMI SSED. 25. TO SUM UP, WHILE APPEAL OF THE ASSESSING OFFICE R IS PARTLY ALLOWED, THE CROSS-OBJECTION OF THE ASSESSEE IS DISMISSED. PRONO UNCED IN THE OPEN COURT TODAY ON THE 22 ND OCTOBER, 2018 SD/- SD/- MS. MADHUMITA ROY PRA MOD KUMAR (JUDICIAL MEMBER) (VICE-PRESIDENT) AHMEDABAD, THE 22 ND DAY OF OCTOBER, 2018 **BT ITA NO. 2143/AHD/2014 & CO#262/AHD/2014 ITO VS. G-2 INTERNATIONAL EXPORTS LTD AY : 2009-10 PAGE 12 OF 12 COPIES TO: (1) THE APPELLANT (2) THE RESPONDENT (3) COMMISSIONER (4) CIT(A) (5) DEPARTMENTAL REPRESENTATIVE (6) GUARD FILE BY ORDER TRUE COPY ASSISTANT REGISTRAR INCOME TAX APPELLATE TRIBUNAL AHMEDABAD BENCHES, AHMEDABAD 1. DATE OF DICTATION: ... ORDER PREPARED AS PER 10 PAGES MANUSCRIPTS OF HONBLE VP, WHICH ARE ATTACHED HEREWITH-22.10.2018 2. DATE ON WHICH THE TYPED DRAFT IS PLACED BEFORE T HE DICTATING MEMBER: 22.10.2018 3. DATE ON WHICH THE APPROVED DRAFT COMES TO THE SR . P.S./P.S.: .. 4. DATE ON WHICH THE FAIR ORDER IS PLACED BEFORE TH E DICTATING MEMBER FOR PRONOUNCEMENT: ... 22.10.2018. 5. DATE ON WHICH THE FILE GOES TO THE BENCH CLERK : .. 22.10.2018 6. DATE ON WHICH THE FILE GOES TO THE HEAD CLERK : . 7. THE DATE ON WHICH THE FILE GOES TO THE ASSISTANT REGISTRAR FOR SIGNATURE ON THE ORDER: 8. DATE OF DESPATCH OF THE ORDER: ......