Bogus Purchase Addition Remanded as CIT(A) Ignored Books and Evidence

Sushil Rice & General Mills Vs ITO (ITAT Delhi) CIT(A) Confirmed Bogus Purchase Addition Without Examining Books—ITAT Sets Aside Order; Entire Matter Remanded for Fresh Adjudication The Assessee filed appeal against the CIT(A)/NFAC order dated 22.02.2024 upholding reassessment framed u/s 147 r.w.s.144B for AY 2013-14. The appeal before ITAT was delayed by fourteen days; after considering the condonation petition explaining difficulty in handing papers to counsel and delay in depositing appeal fee, the Tribunal condoned the delay. On the date of hearing, the Assessee sought adjournment c...