HC upheld deletion of imaginary estimation & enhancement of turnover

CIT Vs Paul Devaraj (Madras High Court)

Assessing Officer enhanced the turnover by comparing the packing material consumed by the assessee, which is incorrect and that there is an arithmetical error in the calculation done by the Assessing Officer. The Assessing Officer considered the secondary packing material as packing material consumed for the purpose of estimating the probable sales and when the remand report was called for from the Assessing Officer by the CIT(A), in the report dated 09.12.2012, the Assessing Officer c

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