Case Law Details
Case Name : Panchmahal Steel Ltd Vs PCIT (ITAT Ahmedabad)
Appeal Number : I.T.A. Nos.127 & 128/Ahd/2021
Date of Judgement/Order : 27/09/2024
Related Assessment Year : 2010-11
Courts :
All ITAT ITAT Ahmedabad
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Panchmahal Steel Ltd Vs PCIT (ITAT Ahmedabad)
Conclusion: Once CESTAT had given a findings that the purchases in question were not bogus, then, additions proposed to be made on the basis of show-cause notice from Central Excise Directorate had no basis which the same could be sustained.
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