आदेश/Order

Per Dr. Krinwant Sahay, A.M.:

The appeal in this cases has been filed by the Revenue against the order dated 12.06.2023 of the ld. Commissioner of Income Tax (Appeals), National Faceless Appeal Centre (NFAC), Delhi.

2. The Grounds of appeal raised by the Revenue are as under: -

I. That the Id CIT(A). Ludhiana erred in law, in deleting the addition of Rs. 1,58,607/- made by the Assessing Officer on account of GP shown by the assesses by increasing GP Rate from 3.18 percent to 3.43 percent, which is contrary to the facts laid town in lite assessment order

I (a). That the Ld. CIT(A), Ludhiana erred in law in deleting addition of Rs.6,89,67,208/- made by the Assessing Officer in respect of cash deposited in bank account of the Assessee u/s 69A of the Act during the period of demonetization.

1(b) That the ld. CIT(A), Ludhiana erred in law, by relying on non-jurisdiction High court decisions even which is contrary to the facts and circumstances mentioned in the assessment order.

1(c) That the appellant craves leave to add or amend any ground or appeal before it is finally disposed off.

3. There is a Cross Objection, i.e., C.O. No. 09/Chd/2024 in this case filed by the Assessee, which