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Purchase cannot be treated Bogus based merely on the basis of statements given before Sales tax department
Case Law Details
- Case Name
- ITO Vs Deepak Popatlal Gala (ITAT Mumbai)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- All ITAT, ITAT Mumbai
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Purchase cannot be treated Bogus based merely on the basis of statements given before Sales tax department
The next issue relates to disallowance made out of purchases and assessed u/s 69C of the Act. We heard the parties and perused the The total purchase expenditure claimed by the assessee during the year under consideration was Rs.7,36,27,555/-. The AO noticed that the Sales Tax Department of Government of Maharashtra has listed out names of certain dealers, who were alleged to have been providing accommodation entries without doing actual business. The AO noticed that the assessee made pur...
It is nothing, just dramebazi. In income tax department if you money then no issue. Assessing Officer ITO have solution for every problem. At last they have Ram Band formula of your problem as delay your case on some weight. I am facing a case at ITO Ward 49(1) TDS laxmi Nagar delhi , Ward 54(1) and Ward 32(1) Since last 4 years. file is moving here to there. nothing happened against Accord Financial Services. due to Income tax authority not taking any decision since last 4 years.not giving any reply of my RTI. Just pending ….