INCOME TAX OFFICER, WARD-1(8), BHAVNAGAR, BHAVNAGAR vs. MADHAV COPPER LIMITED, BHAVNAGAR

In the result, all six appeals, three by the Revenue and three by the assessee, stand dismissed

Bench: S/Shri Sanjay Garg & Makarand V.Mahadeokar

purchases to income of assessee on ground that same were bogus purchases, since it was not disputed that purchases were

INCOME TAX OFFICER, WARD-1(8), BHAVNAGAR vs. MADHAV COPPER LIMITED, BHAVNAGAR

In the result, all six appeals, three by the Revenue and three by the assessee, stand dismissed

Bench: S/Shri Sanjay Garg & Makarand V.Mahadeokar

purchases to income of assessee on ground that same were bogus purchases, since it was not disputed that purchases were

MADHAV COPPER LTD.,BHAVNAGAR vs. THE INCOME TAX OFFICER, WARD-1(8), BHAVNAGAR

In the result, all six appeals, three by the Revenue and three by the assessee, stand dismissed

Bench: S/Shri Sanjay Garg & Makarand V.Mahadeokar

purchases to income of assessee on ground that same were bogus purchases, since it was not disputed that purchases were

MADHAV COPPER LTD.,BHAVNAGAR vs. THE INCOME TAX OFFICER, WARD-1(8), BHAVNAGAR

In the result, all six appeals, three by the Revenue and three\nby the assessee, stand dismissed

bogus purchases. The purchases claimed during the year\nunder consideration from the impugned suppliers are\nRs. 70,66,67,613/- and not Rs.92

MADHAV COPPER LTD.,BHAVNAGAR vs. THE INCOME TAX OFFICER, WARD-1(8), BHAVNAGAR

In the result, all six appeals, three by the Revenue and three\nby the assessee, stand dismissed

bogus purchases. The purchases claimed during the year\nunder consideration from the impugned suppliers are\nRs.70,66,67,613/- and not Rs.92

DCIT, CIRCLE -2(1)(1), AHMEDABAD, PRAHLAD NAGAR vs. PANCHAM DEVELOPERS, CHANDKHEDA

In the result, the appeal of the Revenue is partly allowed

Bench: Shri Tr Senthil Kumar & Shri Narendra Prasad Sinhaassessment Years: 2017-18

bogus purchases to the extent of gross profit element embedded in these bogus purchases. The contention of the Revenue is that

M/S. GSP CROP SCIENCE PVT. LTD.,,AHMEDABAD vs. THE DCIT, CIRCLE-2(1)(1),, AHMEDABAD

In the result, both the appeals of the assessee are partly allowed

Bench: Smt.Annapurna Gupta & Shri Siddhartha Nautiyal

bogus purchases.” 25. The above issue of confirmation of impugned addition on account of bogus purchases is identical to that

M/S. GSP CROP SCIENCE PVT. LTD.,,AHMEDABAD vs. THE DCIT, CIRCLE-2(1)(1),, AHMEDABAD

In the result, both the appeals of the assessee are partly allowed

Bench: Smt.Annapurna Gupta & Shri Siddhartha Nautiyal

bogus purchases.” 25. The above issue of confirmation of impugned addition on account of bogus purchases is identical to that

BHAGAT MARKETING PVT LTD,AHMEDABAD vs. PCIT-1, AHMEDABAD

In the result, in light of the above observations and the judicial precedents on the subject, the appeal of the assessee is allowed

Bench: Smt. Annapurna Gupta & Shri Siddhartha Nautiyal

bogus purchases and after considering the evidences produced by the appellant, addition of 12.5% of alleged bogus purchases in accordance

THE JT.CIT, CIRCLE-6(1),, AHMEDABAD vs. SHRI NILESH RAMESHCHANDRA SHAH,, AHMEDABAD

In the result, appeal filed by the Revenue is hereby dismissed

Bench: Smt. Annapurna Gupta (Accountant Member), Shri T.R. Senthil Kumar (Judicial Member)

purchases are bogus, then addition should be made for entire purchases and not for profit element embedded in such purchases

GUJARAT VAIBHAV PUBLICATIONS PVT. LTD.,AHMEDABAD vs. THE ITO, WARD-2(1)(1), AHMEDABAD

In the result, the appeal of the assessee is partly allowed

Bench: Shri Sanjay Garg & Shri Narendra Prasad Sinha

bogus purchase. As regarding estimation of income out of bogus purchase, the Ld. Sr. DR submitted that no addition for entire

GUJARAT VAIBHAV PUBLICATIONS PVT. LTD.,AHMEDABAD vs. THE ITO, WARD-2(1)(1), AHMEDABAD

In the result, the appeal of the assessee is partly allowed

Bench: Shri Sanjay Garg & Shri Narendra Prasad Sinha

bogus purchase. As regarding estimation of income out of bogus purchase, the Ld. Sr. DR submitted that no addition for entire

DCIT, CIRCLE - 1(1)(1), AHMEDABAD, AHMEDABAD vs. B CHOKSHI CHEM PVT LTD, AHMEDABAD

In the result, all the appeals of the Revenue stand dismissed

Bench: Shri Sanjay Garg & Shri Makarand V. Mahadeokar

bogus purchases made from the assessee. Since the addition was made on account of bogus purchases, therefore, the AO was of the belief

DCIT, CIRCLE - 1(1)(1), AHMEDABAD, AHMEDABAD vs. B CHOKSHI CHEM PVT LTD, AHMEDABAD

In the result, all the appeals of the Revenue stand dismissed

Bench: Shri Sanjay Garg & Shri Makarand V. Mahadeokar

bogus purchases made from the assessee. Since the addition was made on account of bogus purchases, therefore, the AO was of the belief

DCIT, CIRCLE- 1(1)(1), AHMEDABAD, AHMEDABAD vs. B CHOKSHI CHEM PVT LTD, AHMEDABAD

In the result, all the appeals of the Revenue stand dismissed

Bench: Shri Sanjay Garg & Shri Makarand V. Mahadeokar

bogus purchases made from the assessee. Since the addition was made on account of bogus purchases, therefore, the AO was of the belief

DCIT, CIRCLE - 1(1)(1), AHMEDABAD, AHMEDABAD vs. B CHOKSHI CHEM PVT LTD, AHMEDABAD

In the result, all the appeals of the Revenue stand dismissed

Bench: Shri Sanjay Garg & Shri Makarand V. Mahadeokar

bogus purchases made from the assessee. Since the addition was made on account of bogus purchases, therefore, the AO was of the belief

RAJENDRAKUMAR CHHANALAL SHAH,MEHSANA vs. THE ITO, WARD-1, PATAN

In the result, the appeal of the assessee is allowed

Bench: Dr. B.R.R. Kumar, Vice-Shri T.R. Senthil Kumar

purchase considering it to be bogus purchase. The Ld. CIT(A) reduced the same to 2% of the alleged bogus

ACIT, CIRCLE-1, BHAVNAGAR, BHAVNAGAR vs. LEELA GREENSHIP RECYCLING PRIVATE LIMITED, BHAVNAGAR

In the result, both the appeals are treated as partly allowed for statistical purposes in terms of above directions

Bench: Shri T.R. Senthil Kumar & Shri Makarand V. Mahadeokarआयकर अपील सं /Ita No. 2111/Ahd/2024 िनधा"रण वष" /Assessment Year : 2018-19 Leela Greenship Recycling Pvt. Ltd., The Deputy Office No.303, 3Rd Floor, बनाम/ Commissioner V/S. B Wing, Leela Efcee, Of Income Tax, Near Aksharwadi Temple, Circle-1, Waghawadi Road, Bhavnagar. Bhavnagar-364002. "थायी लेखा सं./Pan: Aagcg8956L

purchases, there cannot be any corresponding sales. Hence, the very basis of disallowance as bogus purchases was fundamentally flawed. The AR further