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Case Law Details

Case Name : Ashok Kumar Rungta Vs ITO (Bombay High Court)
Appeal Number : Income Tax Appeal No. 1753 of 2018
Date of Judgement/Order : 15/10/2024
Related Assessment Year : 2009-10
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Ashok Kumar Rungta Vs ITO (Bombay High Court)

Bombay High Court held that addition of 10% of allegedly bogus purchases without any cogent or convincing evidence is not sustainable in law. Accordingly, impugned order set aside and appeal disposed of in favour of the assessee.

Facts- Present appeals are filed again

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