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Case Law Details

Case Name : Vinod Kumar Agrawal Vs ITO (ITAT Raipur)
Related Assessment Year : 2016-17
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Vinod Kumar Agrawal Vs ITO (ITAT Raipur)

Bogus purchase issue kept in abeyance: ITAT Raipur remands matter to CIT(A) awaiting HC verdict

Raipur Tribunal set aside order of CIT(A)/NFAC confirming 25% disallowance of purchases alleged to be bogus in case of a rice miller. Tribunal noted that identical issue of alleged bogus purchase bills obtained by rice millers is sub-judice before the Jurisdictional High Court in multiple connected matters. Considering pendency before HC, Tribunal held that it would be inappropriate to adjudicate issue on merits at

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CA Vijayakumar Shetty qualified in 1994 and in practice since then. Founding partner of Shetty & Co. He is a graduate from St Aloysius College, Mangalore . View Full Profile

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