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Mere non production of cash purchase bills does not make Purchase bogus
Case Law Details
- Case Name
- Income Tax Officer Vs M/s Navjivan Synthetics (ITAT Ahmedabad)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2005- 06
- Courts
- All ITAT, ITAT Ahmedabad
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ITAT AHMEDABAD BENCH ‘D’
Income-tax Officer
versus
Navjivan Synthetics
IT APPEAL NO. 226 (AHD.) OF 2009
C.O. NO. 35 (AHD.) OF 2009
[ASSESSMENT YEAR 2005-06]
Date of Pronouncement – 06.07.2012
ORDER
Kul Bharat, Judicial Member – The Revenue and the assessee have filed appeal and cross-objection respectively against the order of the learned Commissioner of Income-tax (Appeals)-V, Surat, dated October 21, 2008, passed in appeal No. CAS-V/302/2007-08.
First we take up the appeal of the Revenue
2. In this appeal the Revenue has raised the following grounds of appeal :
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