Uncrossed Third-Party Statement Not Enough to Establish Bogus Purchases

Jatinder Gupta Vs DCIT (ITAT Amritsar)

Third-Party Statement Alone Without Cross-Examination Insufficient to Support Bogus Purchase Claim

The Income Tax Appellate Tribunal (ITAT) Amritsar heard cross-appeals arising out of an order of the Commissioner of Income Tax (Appeals) (CIT(A)), National Faceless Appeal Centre, Delhi, dated 25th June 2024, concerning the Assessment Year (AY) 2014-15. The appeals followed the assessment framed by the Assessing Officer (AO) under Sections 147 read with 144B of the Income-tax Act, 1961, on 30th May 2023. The central issue

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