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ITAT Rejects Blanket Bogus Purchase Disallowance as Sales & Stock Records Were Accepted
Case Law Details
- Case Name
- ITO Vs Dhawan Creative Prints Pvt. Ltd. (ITAT Delhi)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2017-18
- Courts
- All ITAT, ITAT Delhi
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ITO Vs Dhawan Creative Prints Pvt. Ltd. (ITAT Delhi)
Purchase Addition Restricted Because Only One Supplier Denied Transactions; ITAT Upholds Relief Because Non-Response to Section 133(6) Notices Alone Cannot Prove Bogus Purchases; Revenue Appeal Fails Because Purchases Were Supported by Audited Books and Stock Records; Section 69A Addition Deleted Because Cash Deposits Were Recorded in Audited Books; ITAT Rules Same Income Cannot Be Taxed Twice While Deleting Cash Deposit Addition.
The Revenue appealed against the order of the Commissioner of Income Tax (Appeals)/National Face...





