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3 results for “bogus purchases”+ Section 270clear

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Key Topics

Section 686Addition to Income3Section 115B2Section 143(3)2Unexplained Cash Credit2Cash Deposit2Demonetization2

M/S VERMA SERVICE STATION,FIROZABAD vs. D.C.I.T., RANGE-5, FIROZABAD

In the result, the appeal of the assessee is dismissed

ITA 349/AGR/2018[2009-2010]Status: DisposedITAT Agra12 Sept 2019AY 2009-2010

Bench: Shri Laliet Kumar,And Dr. Mitha Lal Meena

Section 271Section 271(1)(c)Section 68

270/-. Subsequently, the case was taken up for I.T.A No. 349/Agra/2018 3 & S.A. No.06/Agra/2018 (in I.T.A No. 349/Agra/2018) scrutiny under CASS and the assessment was completed at a total income of Rs.1,01,55,498/-. In the process of making additions, the AO disallowed a sum of Rs 92,00,000/- introduced as capital of the partners of the firm

M/S SURAJHBAN OILS PVT.LTD,MORENA vs. ACIT- (CENTRAL CIRCLE), GWALIOR

Appeals is partly allowed in above terms

ITA 45/AGR/2022[2017-18]Status: Disposed
ITAT Agra
12 Feb 2025
AY 2017-18

Bench: Shri Satbeer Singh Godara & Shri Manoj Kumar Aggarwalita No. 45/Agr./2022 (Assessment Year 2017-18)

For Appellant: NoneFor Respondent: Sh. Shailender Shrivastava, Sr. DR
Section 131Section 143(3)Section 68

270/- on 30.10.2017. The appellant is engaged in trading and manufacturing of Oil. The case of the appellant was selected for scrutiny under CASS for the following two reasons. (i) Quantitative details of principal items of goods traded or raw material as well as finished goods not submitted. (ii) Custom duty paid as shown in the ITR is less than

JITENDRA KUMAR AGARWAL HUF,AGRA vs. DCIT, CIRCLE - 2(1)(1), AGRA

In the result, assessee’s appeal is allowed

ITA 454/AGR/2025[2017-18]Status: DisposedITAT Agra16 Feb 2026AY 2017-18

Bench: SHRI S. RIFAUR RAHMAN (Accountant Member), SHRI SUNIL KUMAR SINGH (Judicial Member)

Section 115BSection 143(1)Section 143(2)Section 143(3)Section 250Section 68

270/-. The return was processed u/s. 143(1) of the Act. Subsequently, the case was selected for complete scrutiny under the CASS. Though in the assessment order, the Assessing Officer nowhere mentions the amount of cash deposited during demonetization period in demonetized currency, the facts recorded in the impugned order of the learned CIT(A) indicate that the assessee