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Disallowance of purchases without examining documentary evidences unjustifiable: ITAT Delhi

POONAM GANDHI 05 Sep 2024 111 Views 0 comment Print Income Tax | Judiciary

Case Law Details

Case Name : Vayam Technologies Ltd Vs DCIT (ITAT Delhi)

Appeal Number : ITA Nos. 608/Del/2023

Date of Judgement/Order : 02/08/2024

Related Assessment Year : 2015-16

Courts : All ITAT ITAT Delhi

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Vayam Technologies Ltd Vs DCIT (ITAT Delhi)

ITAT Delhi held that disallowance of purchases and restricting the amount of purchases to 12.50% without examining the documentary evidences produced by the assessee is unjustified. Accordingly, matter remanded back to AO with direction to decide afresh.

Facts- Vayam Te

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Name: POONAM GANDHI

Qualification: CA in Practice

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Location: AHMEDABAD, Gujarat, India

Member Since: 14 Feb 2019 | Total Posts: 5238

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