This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
Bogus Purchase Disallowance – Issue of 12.5% vs 100% Addition Remanded to CIT(A) for Fresh Fact Verification – ITAT Mumbai
Case Law Details
- Case Name
- ITO Vs Pravinchandra B Dedhia (ITAT Mumbai)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2010-11
- Courts
- All ITAT, ITAT Mumbai
Upgrade to Basic or Premium to download.
Already Upgraded? Log in.
ITO Vs Pravinchandra B Dedhia (ITAT Mumbai)
Bogus Purchase Disallowance – Issue of 12.5% vs 100% Addition Remanded to CIT(A) for Fresh Fact Verification – ITAT Mumbai
The Revenue challenged the order of the CIT(A) restricting disallowance on alleged bogus purchases to 12.5% instead of sustaining the full addition of ₹48.32 lakh made by the AO u/s 69C. The assessment had been completed u/s 144 r.w.s. 147 based on Investigation Wing information that the assessee obtained accommodation purchase bills from hawala dealers, and due to non-compliance and lack of response to notices, the...
Author Info
