₹9 Cr Purchase Addition Deleted; Evidence Ignored; Natural Justice Violated: ITAT Ahmedabad

Pringalkumar Praveenbhai Shah Vs ITO (ITAT Ahmedabad) ITAT Ahmedabad Deletes Rs 9 Cr Purchase Addition – AO CIT(A) Ignored Evidence; Order Held Violative of Natural Justice In Pringalkumar Praveenbhai Shah vs ITO (AY 2020-21), the ITAT Ahmedabad allowed the assessee’s appeal and deleted addition of ₹9,00,63,954 made u/s 69C r.w.s. 115BBE towards alleged bogus purchases. The AO had disallowed purchases from nine suppliers alleging lack of supporting documents and confirmations, which was upheld by CIT(A). However, the Tribunal found that extensive evidences — including supplier PAN, con...