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ITAT Nagpur Deletes Bogus Purchase Addition – Verified Books & Payments Outweigh Sales Tax Info, Vendor Non-Production Not Fatal
Case Law Details
- Case Name
- Hemraj Umraoji Punekar Vs DCIT (ITAT Nagpur)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2009-2010
- Courts
- All ITAT, ITAT Nagpur
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Hemraj Umraoji Punekar Vs DCIT (ITAT Nagpur)
Bogus Purchase Addition Based on Sales Tax Info Deleted – Non-Production of Vendors Lorry Receipts Not Fatal When Books Payments Verified – ITAT Nagpur
The AO disallowed purchases of ₹35.48 lakh treating them as non-genuine based mainly on Sales Tax Department information and absence of lorry receipts/transportation documents. CIT(A) confirmed the addition.
ITAT observed that assessee furnished tax invoices, VAT details, delivery particulars, ledger accounts & payments through banking channels, while sales and books of accounts were never ...
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