Case Law Details
Case Name : Ramesh Kumar & Co Vs ACIT (ITAT Mumbai)
Related Assessment Year :
Courts :
All ITAT ITAT Mumbai
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In this case AO has made the addition as some of the suppliers of the assessee were declared Hawala dealer by the Sales tax Department. This may be a good reason for making further investigation but the AO did not make any further investigation and merely completed the assessment on suspicion . Once the assessee has brought on record the details of payments by account payee cheque, it was incumbent on the AO to have verified the payment details from the bank of the assessee and also from the bank of the suppliers to verify whether there was any immediate cash withdrawal from their account. No ...
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This sales tax department has notoriously passed on the liability to the purchaser even when tax has been paid to the seller.
Bjp govt too hasn’t reversed this which proves what kind of govt in Maharashtra just useless.
there are thousands of Traders suffering due to these inactive sales tax and income tax departments not taking any action on the rogue traders who take a sales tax certificate and then not paying the sales that is collected.
They all go scot free by giving an affidavit and enjoying the money so collected from other traders.
The department concerned harass the dealers and extract taxes, penalty, interest and addition to their incomes even after 6 years.Even senior citizens are not spared.