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Gujarat HC Rejects Challenge to 6% Bogus Purchase Addition as Issue Was Settled
Case Law Details
- Case Name
- Ravjibhai Becharbhai Dhameliya Vs ACIT (Gujarat High Court)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- All High Courts, Gujarat High Court
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Ravjibhai Becharbhai Dhameliya Vs ACIT (Gujarat High Court)
The Gujarat High Court heard appeals filed by the assessees under Section 260A of the Income-tax Act, 1961 challenging the Income Tax Appellate Tribunal’s order dated 06.01.2022 for Assessment Year 2013-14. The appeals questioned the Tribunal’s findings partly confirming additions relating to alleged bogus purchases, its conclusion that the purchases were bogus, enhancement of the addition to 6% of the disputed purchases from 5% sustained by the Commissioner of Income Tax (Appeals), and the Tribunal’s appreciation of...
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