Sponsored
    Follow Us:

Case Law Details

Case Name : Vayam Technologies Ltd Vs DCIT (ITAT Delhi)
Related Assessment Year : 2015-16
Become a Premium member to Download. If you are already a Premium member, Login here to access.
Sponsored

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 Technologies Ltd. (the assessee) opposes the disallowance of purchases by AO, asserting the compliance with regulatory requirements.

It is argued that the purchases and sales transactions were reported to the VAT & Service Tax Department. Th

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

Sponsored

Join Taxguru’s Network for Latest updates on Income Tax, GST, Company Law, Corporate Laws and other related subjects.

Leave a Comment

Your email address will not be published. Required fields are marked *

Sponsored
Sponsored
Ads Free tax News and Updates
Sponsored
Search Post by Date
March 2025
M T W T F S S
 12
3456789
10111213141516
17181920212223
24252627282930
31