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ITAT Delhi Set Aside Bogus Purchase Addition for Breach of Section 250(6)
Case Law Details
- TaxGuru Citation
- 2026 taxguru.in 671
- Case Name
- Bholenath Foods Limited Vs ITO (ITAT Delhi)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2012-13
- Courts
- All ITAT, ITAT Delhi
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Bholenath Foods Limited Vs ITO (ITAT Delhi)
Bogus Purchase Addition Not Decided Properly: ITAT Sets Aside NFAC Order for Violation of Section 250(6)
The Delhi Bench “A” of the ITAT, in Bholenath Foods Ltd. v. ITO (AY 2012-13), set aside the order of the NFAC which had confirmed an addition of ₹1.35 crore on account of alleged bogus purchases/accommodation entries, holding that the appellate order was not in conformity with section 250(6) of the Income-tax Act.
The reassessment was initiated on the basis of third-party survey statements of an alleged accommodation entry p...
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