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Income Tax Appellate Tribunal, “SMC” Bench, Mumbai
Before: Shri Shamim Yahya (AM)
बनाम/ Raghavendra P. Joshi ITO 3(2) (Prop. M/s. Jupiter Room No. 04, 3 Wing, Engineering Works) Gala Ashar IT Park, 6 th Floor, v. No.5, Pramila Industrial Wagle Indl. Estate, Estate, Plot No. 268, Thane 400604 Upvan, Thane 400606 PAN: AAFFS6604P (Appellant) .. (Respondent) Assessee by: None Revenue by: Shri. Chaitanya Anjaria सुनवाई की तारीख /Date of Hearing : 10.06.2019 घोषणा की तारीख /Date of Pronouncement : 30.08.2019 आदेश / O R D E R
PER SHAHMIM YAHYA, Accountant Member:
This is an appeal by the assessee wherein the assessee is aggrieved that the learned CIT ‘A’ has erred in sustaining 100% disallowance on account of bogus purchases amounting to Rs. 7,27,940/-.
Brief facts of the case are that assessee is engaged in business of engineering jobs works. The information was received from the sales tax Department that assessee has engaged in bogus purchases. The assessment was accordingly reopened. 3. The assessing officer in this case has made 100% addition on account of bogus purchases amounting to Rs. 7,27,940/-. Upon assessees appeal Ld. CIT(A) confirmed the same.