ITAT slam CIT for approving unnecessary appeals without examining additions made on flimsy grounds

IN THE ITAT MUMBAI BENCH ‘E’ Income-tax Officer – 9(3)(1) v. Shakti Insulated Wires (P.) Ltd. IT APPEAL NO. 7080 (MUM.) OF 2010 [ASSESSMENT YEAR 2006-07] JULY 11, 2012 ORDER B. Ramakotaiah, Accountant Member This is a revenue appeal against the order of CIT (A)-20, Mumbai dated 5.8.2010 in which revenue raised the following ground. “Whether on the facts and in the circumstances of the case and in law, the Ld. CIT (A) has not erred in deleting the disallowance of Rs. 35,36,234/- representing the value of unproved purchases of Insulated Kraft Paper, ignor...