Commissioner Of Income Tax, Udaipur v. M/S. Vinayak Build Dev. Pvt. Ltd., Udaipur

D.B. INCOME TAX APPEAL NO.116/2014 Commissioner of Income Tax, Udaipur Vs.M/s. Vinayak Build Dev. Pvt. Ltd., Udaipur DATE OF ORDER : 06.1.2015 HON'BLE MR. JUSTICE GOVIND MATHURHON'BLE MR. JUSTICE ANUPINDER SINGH GREWAL Mr. K.K. Bissa, for the appellant ... This appeal is preferred to question correctness of thejudgment dated 18.11.2013 passed by the learned Income TaxAppellate Tribunal, Jodhpur Bench, Jodhpur rejecting the appealpreferred by the Revenue giving challenge to the order passed bythe learned Commissioner of Income Tax (Appeals), Udaipur.Suffice to mention that the Assessing Officer found certaindiscrepancies while making a search and seizure in the office of theassessee. The assessee challenged the same by way of filing anappeal before the Commissioner of Income Tax. The Commissionerof Income Tax deleted all the additions made by the AssessingOfficer. The Revenue assailed correctness of deletion of the additionsso made with assertion that the assessee failed to substantiate itsaccounts by adequate documentary evidence. The learned ITATafter examining all facts of the case arrived at the conclusion thatM/s. Sharma Builders and Shri Lalit Sharma were looking after dayto day affairs of the company and no one from the assesseecompany was available at the site at the time of assessment Sanjay proceedings conducted. The ITAT also arrived at the conclusionthat the assessee produced various documents in support of itsclaims. The findings arrived by the CIT are pure findings of factsand those do not involve any substantial question of law that maydemand adjudication by this Court. The appeal is dismissed accordingly. , J. , J.