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Survey Statements Alone Can’t Justify Bogus Purchase Additions

CA Vijayakumar Shetty 17 Dec 2025 480 Views 1 comment Print
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Case Law Details

Case Name : DCIT Vs Kay Bouvet Engineering Limited (ITAT Pune)
Related Assessment Year : 2019-20
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DCIT Vs Kay Bouvet Engineering Limited (ITAT Pune)

Survey Statement Alone Can’t Sink Purchases: Pune ITAT Upholds Deletion of 2% “Commission” Addition u/s 68

In a significant ruling, the Pune Bench of the ITAT dismissed Revenue’s appeals and upheld deletion of addition of ₹3.60 crore made u/s 68 on account of alleged bogus purchases, holding that additions based merely on third-party survey statements u/s 133A, without independent

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Author Bio

CA Vijayakumar Shetty qualified in 1994 and in practice since then. Founding partner of Shetty & Co. He is a graduate from St Aloysius College, Mangalore . View Full Profile

My Published Posts

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