Without rejecting books of account regularly maintained, addition cannot be made only on basis of DVO’s report

DECIDED BY: ITAT, AHMEDABAD BENCH `A’, AHMEDABAD, IN THE CASE OF: Rajhans Builders Vs. DCIT, APPEAL NO: ITA Nos. 3172 & 3288/Ahd/2009, DECIDED ON June 4, 2010 ORDER PER Mahavir Singh Judicial Member:- These cross-appeals, one by the Revenue and other by assessee are arising out of the order of Commissioner of Income-tax (Appeals)-II, Ahmedabad in appeal No. CIT(A)-II/CC.2/357/2007-08 dated 16-09-2009. The assessment was framed by the DCIT, Central Circle-2, Surat u/s.143(3) r.w.s. 153C of the Income-tax Act, 1961 (hereinafter referred to as `the Act’) vide his order dated 07-01...