Case Law Details
Case Name : Pravin Thanmal Shah HUF Vs. Asst. CIT(A) (ITAT Mumbai)
Appeal Number : I.T.A. No. 4162/Mum/2017
Date of Judgement/Order : 12/10/2017
Related Assessment Year : 2009-10
Courts :
All ITAT ITAT Mumbai
Become a Premium member to Download.
If you are already a Premium member, Login here to access.
Sponsored
CA Prarthana Jalan
Honble Mumbai ITAT in the case of Pravin Thanmal Shah Huf Vs. Asst. CIT in I.T.A. No. 4162/Mum/2017 has held that if sales are not doubted than 100% addition on bogus purchases cannot be done.
In the case the AO had made 100% addition on account of bogus purchase amounting to Rs.9,61,350/- from two parties i.e Shubhlabh trading Co & Aayushi Enterprises as their names appeared in the list of hawala operators. The Honb’le Mumbai ITAT restricted t
Please become a Premium member. If you are already a Premium member, login here to access the full content.
Sponsored
Kindly Refer to
Privacy Policy &
Complete Terms of Use and Disclaimer.
Author Bio
