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I.T.AS. NOS.688/IB TO 690/IB, 720/IB TO 722/IB OF 2003, DECIDED ON 8TH MARCH, 2004. versus I.T.AS. NOS.688/IB TO 690/IB, 720/IB TO 722/IB OF 2003, DECIDED ON 8TH MARCH, 2004.


Section 12 (18) Extra Cash Credit Credits, although cash, were later in connection with the sale and received from the customers. Additional facts at the level of facts, it appears that the balances have adjusted to the end of the year and of these No transaction was disclosed in the balance sheet. Ascension also did not show any balance in the balance sheet such as the progress made by the contractors / clients which was not specified and which were not the same in the three years appellant. The Tribunal set aside matters for all years and remand the officer reviewing the matter to consider de novo. Or so that the Assessing Officer should provide the investigator with another opportunity to explain and prove all these balances and transactions, if necessary, the appraiser can make the officer's direct endorsement and / Or with a diagnostic record as soon as the situation is confirmed. \ r \ n \ r \ n

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