ITAT Ahmedabad Caps Bogus Purchase Disallowance to 8%

Ramjibhai Kesaraji Patel Vs ITO (ITAT Ahmedabad) In a recent ruling, the Income Tax Appellate Tribunal (ITAT) Ahmedabad Bench has partly allowed an appeal filed by Ramjibhai Kesaraji Patel, significantly reducing an addition made by the Assessing Officer (AO) for alleged bogus purchases. The ITAT’s decision, issued on July 17, 2025, addresses both procedural issues, specifically the delay in filing the appeal before the Commissioner of Income-tax (Appeals) [CIT(A)], and the substantive matter of bogus purchase disallowance. The case for Assessment Year (AY) 2018-19 began with the assesse...