ITAT Mumbai Restores Bogus Purchase Case – CIT(A) Erred by Denying AO Opportunity

ITO Vs Kartik Gunwantrai Shah (ITAT Mumbai)

Mumbai ITAT Restores Bogus Purchase Case – Matter Sent Back to AO- CIT(A) Erred in Not Restoring – ITAT Sends Case Back to AO

The Revenue appealed against the order of CIT(A dated 10.01.2025 restricting addition on bogus purchases to 5% of ₹3,51,358 as against 100% addition made by AO.

Assessee, proprietor of Gati Solvochem, had filed return declaring income of ₹2,59,000. Based on Sales Tax Department information, AO found purchases of ₹3,51,358 from hawala entry providers & issued notice u/s 148. As there was

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