(Per : HONOURABLE MR.JUSTICE V. M. SAHAI)
1. We have heard Mr.Manav A.Mehta, learned counsel appearing for the appellant.
2. Admit. We formulate the substantial question of law as under:
1. Whether on facts and circumstances of the case, and in law, was the Income Tax Appellate Tribunal right, in holding that books were incorrectly rejected under section145,despite the fact that the assessee failed to produce qualitative data of stock and production ?
2. Whether on the facts and circumstances of the case, the Income Tax Appellate Tribunal was legally justified in deleting the addition made by the Assessing Officer of Rs. 30,01,005/- on account of low GP rate shown by the assessee firm ?
HC-NIC Page 1 of 2 Created On Fri Feb 12 03:00:21 IST 2016 TAXAP/209/2012 2/2 ORDER
3. Issue notice to the respondent. Paper book be filed within three months.
(V.M.SAHAI,J) (N.V.ANJARIA,J) ***vcdarji HC-NIC Page 2 of 2 Created On Fri Feb 12 03:00:21 IST 2016