Bogus Purchases addition: ITAT dismisses delayed appeal Without Condonation Request

Sagar Kukreja Vs DCIT (ITAT Raipur)

Income Tax Appellate Tribunal (ITAT) Raipur dismissed the appeal of Sagar Kukreja against the addition of ₹81.44 lakh made by the Assessing Officer (AO) for alleged bogus purchases under Section 69C of the Income Tax Act. The dispute arose when the AO reopened the assessment under Section 147, citing information that the assessee had transactions with Moksh Alloys Pvt. Ltd., a company involved in fraudulent Input Tax Credit (ITC) claims. The assessee argued that the transaction was a sale, not a purchase, and challenged the reopening of the ass

Please become a Premium member. If you are already a Premium member, login here to access the full content.