Bogus Purchase addition restricted to 10% Despite Entry Operator Statement

Nitin Kaher Vs AO (ITAT Delhi)

Bogus Purchase Allegation Softened: ITAT Delhi Restricts Section 69C Addition to 10% Despite Entry-Operator Statement

The Delhi ITAT (A-Bench) partly allowed the assessee’s appeal for AY 2020-21, holding that a 100% disallowance of ₹16.65 lakh under Section 69C based solely on an investigation-wing statement was not justified. The Assessing Officer had treated purchases from Shri Gov

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