COMMISSIONER OF INCOME TAX Vs. CHANG HING TANNERY

JUDGEMENT

(1.) THE subject matter of appeal is a judgment and order dated 15th May, 2013 by which the learned Tribunal affirmed the order of the CIT(A) and the appeal of the Revenue was dismissed. Aggrieved by the order of the learned Tribunal, the revenue has come up.

(2.) THE Assessing Officer held that purchases worth Rs. 46,77,880/ - were bogus purchases and he added back the aforesaid amount. In an appeal preferred by the assessee, the CIT (A) deleted the addition on the basis of the following reasons:

(3.) ONE of the questions or the only question of any substance is question no. (iv), raised by the revenue, which reads as follows: