Per M.V.R. Prasad, Accountant Member. - These two appeals are filed by the assessee. They are directed against a common order of the CIT(A)-IV, Hyderabad, dated 4-1-2000 for the assessment years 1994-95 and 1995-96.

2. The appellant-assessee is proprietor of the following three units—

(1)Kabsons Control, Hyderabad

(2)Kabsons Industries, Hosur, Tamil Nadu

(3)G.K. Kabra Enterprises, Pune

Separate sets of accounts are maintained for each of the above three units. The issues raised in these appeals relate mainly to the transactions effected in Kabsons Control, Hyderabad.

1. The appellant has distinguished career as an Engineer and as per the note given by him at page-10 of the paper-book Vol. II, he is recipient of various awards for inventions and product development, and there are 27 patents and designs to his credit. Every member of his family is in industry and trade.

2. The Two units, Kabsons Industries, Hosur and G.K. Kabra Enterprises, Pune run LPG gas filling stations under the brand-name ‘Kabsons Gas’. Kabsons Gas is filled in gas cylinders of 2-Kg. capacity and the cylinders are sold with certain appliances like Gas lamp, stove, food warmer, blazing torch, infra-red heater, gas