Bogus Purchase Addition Deleted – Mere Non-Response to 133(6) Notices Not Enough

ITO Vs Mahesh Kumar Aggarwal (ITAT Delhi)

Bogus Purchase Addition Deleted – Mere Non-Response to 133(6) Notices Not Enough

The ITAT Delhi dismissed the Revenue’s appeal and upheld the NFAC order deleting addition made by estimating net profit @8% after rejecting books u/s 145(3). The AO had treated purchases as doubtful mainly because some suppliers were non-filers, GST registrations were inactive, and certain parties did not respond to notices u/s 133(6). The Tribunal observed that the assessee had furnished purchase bills, bank statements, PAN and GST

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