ITAT Sends Back Bogus Purchase & Cash Credit Additions for Fresh Decision

Advertisement Manbhawan Exim Pvt. Ltd Vs ITO (ITAT Surat) The Income Tax Appellate Tribunal (ITAT), Surat, considered three appeals filed by the assessee against separate appellate orders passed by the Commissioner of Income Tax (Appeals), National Faceless Appeal Centre, Delhi, for Assessment Years (AYs) 2013-14, 2014-15, and 2017-18. These appeals arose from reassessment orders passed under Sections 147 read with 144B of the Income Tax Act, 1961. As the issues involved in all three appeals were similar, they were heard together, with AY 2013-14 treated as the lead case. The assessee raise...