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31 results for “bogus purchases”+ Section 133Aclear

Sorted by relevance

Mumbai388Delhi180Kolkata91Jaipur85Bangalore61Hyderabad39Chennai38Guwahati35Visakhapatnam34Ahmedabad31Surat28Chandigarh28Indore26Rajkot26Raipur22Pune17Agra16Lucknow10Patna9Jodhpur8Cuttack5Amritsar4Allahabad4Jabalpur3Nagpur2Panaji2Ranchi1Varanasi1Dehradun1

Key Topics

Addition to Income25Section 14717Disallowance13Section 133A12Survey u/s 133A12Section 12A10Section 80G(5)10Section 1010Section 143(3)10Section 250

THE DCIT, CENTRAL CIRCLE-1(4), AHMEDABAD vs. M/S. AWAS DEVELOPERS, AHMEDABAD

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

ITA 368/AHD/2020[2010-11]Status: DisposedITAT Ahmedabad13 Mar 2024AY 2010-11

Bench: Shri Waseem Ahmed & Shri Tr Senthil Kumarआयकरअपीलसं./Ita No. 368/Ahd/2020 धििाधरणवरध/Asstt. Year: 2010-2011 The D.C.I.T, M/S Awas Developers, Central Circle-1(4), Vs. “Agam Buglows” Ahmedabad. Opp. Subhash Society, Sanand-Kalol Road, Ahmedabad.

For Appellant: Shri Aseem L Thakkar, ARFor Respondent: Shri Ashok Kumar Suthar, Sr. DR
Section 184Section 40ASection 68

133A of the Act which does not carry evidentiary value. At this point of time, it is important to mention that the Higher Judicial forum has time and again held that no addition merely on the basis of noting in diary/loose paper etc. can be made unless other corroborative materials brought on record by the revenue to hold that

Showing 1–20 of 31 · Page 1 of 2

7
Section 143(2)6
Limitation/Time-bar6

M/S. B. J. COTTON INDUSTRIES,,VADODARA vs. DCIT, CIRCLE-3(1),, VADODARA

In the result, the appeal filed by the assessee is partly allowed

ITA 1320/AHD/2018[2010-11]Status: DisposedITAT Ahmedabad28 Mar 2024AY 2010-11

Bench: Shri Waseem Ahmed & Shri Tr Senthil Kumarआयकरअपीलसं./Ita No. 1320/Ahd/2018 धििाधरणवरध/Asstt. Year: 2010-2011 M/S. B.J Cotton Industries D.C.I.T, Modasar Char Rasta, Vs. Circle-3(1), At Modasar, Vadodara. Po Bodeli, Ta. Sankheda, Dist. Baroda-391135./ Anil R. Shah (C.A) Shreeji House, 4Th Floor, B/H. M.J Library, Ellis Bridge, Ahmedabad-380006. Pan: Aagfb3067J

For Appellant: Ms Kinjal Shah, A.RFor Respondent: Shri Ashok Kumar Suthar, Sr.D.R
Section 133ASection 69A

133A of the Act wherein unaccounted stock of 2119 quintal having value of ₹ 65,68,900/- was found and therefore, the same being unaccounted stock was added to the total income of the assessee. 4. On appeal, the ld. CIT(A) was pleased to confirm the order of the AO. 5. Being aggrieved by the order

VINODBHAI LAXMANBHAI PITHIYA,VADODARA vs. THE DY.CIT, CIRCLE-1(1)(1) (PREVIOUSLY THE ITO- WARD-1(2)(5)), VADODARA

In the result, this ground of appeal filed by the assessee is allowed for statistical purposes

ITA 919/AHD/2024[2016-17]Status: DisposedITAT Ahmedabad18 Jun 2025AY 2016-17

Bench: Smt. Annapurna Gupta & Shri Siddhartha Nautiyal

For Appellant: Ms. Kinjal Shah, C.AFor Respondent: Shri Hargovind Singh, Sr. DR
Section 131Section 131(1)Section 133ASection 26A

Bogus claim of capital loss 4. The brief facts of the case are that the assessee is engaged in the business of transport in the name of M/s. Pramukh Transport. He also derived income from partnership firm. Further, during the impugned assessment year, the assessee was also engaged in the business of purchase and sale of shares. A survey under

TAHOORA PROTEINS,PANCHMAHAL vs. THE ITO, WARD-2 NOW WARD-1, GODHRA

In the result, the appeal filed by the Assessee is hereby allowed

ITA 1613/AHD/2025[2015-16]Status: DisposedITAT Ahmedabad19 Dec 2025AY 2015-16

Bench: DR. BRR Kumar (Vice President), Shri T. R. Senthil Kumar (Judicial Member)

Section 115Section 115BSection 133ASection 14Section 143(3)Section 69

133A was conducted in the business premises on 02/03/2015 wherein discrepancy in the stock in the form of excess stock of the Tuver Dal, Packing Material, etc. was found amounting to Rs.1,20,86,080/-. The Partner of the Firm agreed to declare total additional income of Rs. 1,25,00,000/- for the present assessment year. The assessee accounted

THE DCIT, CENTRAL CIRCLE-3, VADODARA vs. M/S. AARYA DEVELOPERS, VADODARA

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

ITA 973/AHD/2019[2014-15]Status: DisposedITAT Ahmedabad12 Jan 2024AY 2014-15

Bench: SMT. ANNAPURNA GUPTA (Accountant Member), SHRI T.R. SENTHIL KUMAR (Judicial Member)

For Appellant: Shri Sudhendu Das, CIT. DRFor Respondent: Shri S. N. Soparkar, Sr. Advocate
Section 131Section 131(1)Section 133ASection 143(3)

Section 131(1) of the Act. All the purchasers of the flats confirmed the booking of flats, price, payment details and other details before the Ld. AO. Thereafter project site was examined by the Inspector attached with the Ld. AO on 04.11.2015. On verification of the said flats and the prevailing prices at which the project is being sold

JET AIR AGENCIES PVT LTD,WEST BENGAL vs. CENTRAL CIRCLE 2(3)AHMEDABAD, AHMEDABAD

In the result, Ground Nos

ITA 685/AHD/2023[2012-13]Status: DisposedITAT Ahmedabad31 May 2024AY 2012-13

Bench: Smt. Annapurna Gupta& Shri Siddhartha Nautiyal

For Appellant: Shri Ram Awatar Dhoot, A.RFor Respondent: Shri Santosh Kumar, Sr. DR
Section 147Section 234BSection 271(1)

Section 133A of the Act and from the records, it is seen that during the year under consideration, the assessee had ITA Nos.1594 to 1597/Ahd/2019 & 685/Ahd/2023 Jet Air Agencies Pvt. Ltd. vs. ACIT Asst.Years– 2010-11 to 2012-13 provided contrived losses to several entities by providing bogus losses on NMCE platform and the assessee had not disclosed the additional

JET AIR AGENCIES PVT. LTD,WEST BENGAL vs. THE ACIT, CENTRA CIRCLE-2(3), AHMEDABAD

In the result, Ground Nos

ITA 1594/AHD/2019[2010-11]Status: DisposedITAT Ahmedabad31 May 2024AY 2010-11

Bench: Smt. Annapurna Gupta& Shri Siddhartha Nautiyal

For Appellant: Shri Ram Awatar Dhoot, A.RFor Respondent: Shri Santosh Kumar, Sr. DR
Section 147Section 234BSection 271(1)

Section 133A of the Act and from the records, it is seen that during the year under consideration, the assessee had ITA Nos.1594 to 1597/Ahd/2019 & 685/Ahd/2023 Jet Air Agencies Pvt. Ltd. vs. ACIT Asst.Years– 2010-11 to 2012-13 provided contrived losses to several entities by providing bogus losses on NMCE platform and the assessee had not disclosed the additional

JET AIR AGENCIES PVT. LTD,WEST BENGAL vs. THE ACIT, CENTRA CIRCLE-2(3), AHMEDABAD

In the result, Ground Nos

ITA 1595/AHD/2019[2011-12]Status: DisposedITAT Ahmedabad31 May 2024AY 2011-12

Bench: Smt. Annapurna Gupta& Shri Siddhartha Nautiyal

For Appellant: Shri Ram Awatar Dhoot, A.RFor Respondent: Shri Santosh Kumar, Sr. DR
Section 147Section 234BSection 271(1)

Section 133A of the Act and from the records, it is seen that during the year under consideration, the assessee had ITA Nos.1594 to 1597/Ahd/2019 & 685/Ahd/2023 Jet Air Agencies Pvt. Ltd. vs. ACIT Asst.Years– 2010-11 to 2012-13 provided contrived losses to several entities by providing bogus losses on NMCE platform and the assessee had not disclosed the additional

JET AIR AGENCIES PVT. LTD,WEST BENGAL vs. THE ACIT, CENTRA CIRCLE-2(3), AHMEDABAD

In the result, Ground Nos

ITA 1596/AHD/2019[2011-12]Status: DisposedITAT Ahmedabad31 May 2024AY 2011-12

Bench: Smt. Annapurna Gupta& Shri Siddhartha Nautiyal

For Appellant: Shri Ram Awatar Dhoot, A.RFor Respondent: Shri Santosh Kumar, Sr. DR
Section 147Section 234BSection 271(1)

Section 133A of the Act and from the records, it is seen that during the year under consideration, the assessee had ITA Nos.1594 to 1597/Ahd/2019 & 685/Ahd/2023 Jet Air Agencies Pvt. Ltd. vs. ACIT Asst.Years– 2010-11 to 2012-13 provided contrived losses to several entities by providing bogus losses on NMCE platform and the assessee had not disclosed the additional

JET AIR AGENCIES PVT. LTD,WEST BENGAL vs. THE ACIT, CENTRA CIRCLE-2(3), AHMEDABAD

In the result, Ground Nos

ITA 1597/AHD/2019[2012-13]Status: DisposedITAT Ahmedabad31 May 2024AY 2012-13

Bench: Smt. Annapurna Gupta& Shri Siddhartha Nautiyal

For Appellant: Shri Ram Awatar Dhoot, A.RFor Respondent: Shri Santosh Kumar, Sr. DR
Section 147Section 234BSection 271(1)

Section 133A of the Act and from the records, it is seen that during the year under consideration, the assessee had ITA Nos.1594 to 1597/Ahd/2019 & 685/Ahd/2023 Jet Air Agencies Pvt. Ltd. vs. ACIT Asst.Years– 2010-11 to 2012-13 provided contrived losses to several entities by providing bogus losses on NMCE platform and the assessee had not disclosed the additional

DEPUTY COMMISSIONER OF INCOME TAX CIRCLE 2(1)(1) VADODARA, VADODARA vs. DAMODARDAS MOHANLAL CHOKSHI, VADODARA

In the result, the appeal of the Revenue is dismissed

ITA 554/AHD/2023[2017-18]Status: DisposedITAT Ahmedabad01 Jan 2025AY 2017-18

Bench: Ms. Suchitra Kamble & Shri Makarand V. Mahadeokar

For Appellant: Shri S. N. Soparkar, Sr. Adv. & Shri ParinFor Respondent: Shri V. Nandakumar, CIT D.R
Section 115BSection 131Section 133ASection 143(1)Section 143(2)Section 68Section 69B

133A of the Act was conducted on premises of the assessee on 20.12.2016. The Assessing Officer observed that the assessee may use demonetize cash deposits in different bank during demonetization period. During the survey action the statement of Shri Piyush Choksi, partner of the firm was recorded under Section 131(1A) of the Act. After going through the details

SHAILESH SUBODHCHANDRA JHAVERI,AHMEDABAD vs. THE DY.CIT, CENTRAL CIRCLE-1(1), AHMEDABAD

In the result, the appeal of the assessee is dismissed for both the year under consideration

ITA 16/AHD/2024[2012-13]Status: DisposedITAT Ahmedabad21 Aug 2024AY 2012-13

Bench: Shri Siddhartha Nautiyal & Shri Makarand V. Mahadeokar

For Appellant: Shri Deeapk Shah, A.RFor Respondent: Shri Ashok Kumar Suthar, Sr. DR

bogus accommodation losses to various clients. In the “Reason to Believe” dated 11.05.2015, the assessing officer observed that on April 9, 2013, a search and survey action was conducted at the residence and offices of Shri Shirish Chandrakant Shah (SCS) ITA Nos.14 to 16/Ahd/2024 Shailesh Subodhchandra Jhaveri vs. DCIT Asst.Years –2011-12 to 2012-13 - 14– and his key employees

SHAILESH S. JHAVERI,AHMEDABAD vs. THE DY.CIT, CENT. CIRCLE-1(1), AHMEDABAD

In the result, the appeal of the assessee is dismissed for both the year under consideration

ITA 15/AHD/2024[2012-13]Status: DisposedITAT Ahmedabad21 Aug 2024AY 2012-13

Bench: Shri Siddhartha Nautiyal & Shri Makarand V. Mahadeokar

For Appellant: Shri Deeapk Shah, A.RFor Respondent: Shri Ashok Kumar Suthar, Sr. DR

bogus accommodation losses to various clients. In the “Reason to Believe” dated 11.05.2015, the assessing officer observed that on April 9, 2013, a search and survey action was conducted at the residence and offices of Shri Shirish Chandrakant Shah (SCS) ITA Nos.14 to 16/Ahd/2024 Shailesh Subodhchandra Jhaveri vs. DCIT Asst.Years –2011-12 to 2012-13 - 14– and his key employees

SHAILESH SUBODHCHANDRA JHAVERI,AHMEDABAD vs. THE DY.CIT, CENTRAL CIRCLE-1(1), AHMEDABAD

In the result, the appeal of the assessee is dismissed for both the year under consideration

ITA 14/AHD/2024[2011-12]Status: DisposedITAT Ahmedabad21 Aug 2024AY 2011-12

Bench: Shri Siddhartha Nautiyal & Shri Makarand V. Mahadeokar

For Appellant: Shri Deeapk Shah, A.RFor Respondent: Shri Ashok Kumar Suthar, Sr. DR

bogus accommodation losses to various clients. In the “Reason to Believe” dated 11.05.2015, the assessing officer observed that on April 9, 2013, a search and survey action was conducted at the residence and offices of Shri Shirish Chandrakant Shah (SCS) ITA Nos.14 to 16/Ahd/2024 Shailesh Subodhchandra Jhaveri vs. DCIT Asst.Years –2011-12 to 2012-13 - 14– and his key employees

DCIT, CENTRAL CIRCLE-1(2), AHMEDABAD, AAYKAR BHAWAN ASHRAM ROAD, AHMEDABAD vs. SURESHKUMAR PERIWAL (PAN AFTPP6547D, AHEMDABAD

In the result, both the appeals of the Revenue are dismissed

ITA 1116/AHD/2023[2017-18]Status: DisposedITAT Ahmedabad22 Apr 2025AY 2017-18

Bench: Dr. B.R.R. Kumar, Vice-Ms. Suchitra R. Kambleit(Ss)A No. 153/Ahd/2023 (Assessment Year: 2017-18) Sureshkumar Periwal Deputy Commissioner Of Vs. Prop. Of M/S. Shyam Bullion, Income-Tax, 113, First Floor, National Central Circle-1(2), Plaza, Opp. Lal Bungalows, Ahmedabad Cg Road, Ahmedabad [Pan : Aftpp 6547 D] (Appellant) .. (Respondent) Sureshkumar Periwal Deputy Commissioner Of Vs. Prop. Of M/S. Shyam Bullion, Income-Tax, 113, First Floor, National Central Circle-1(2), Plaza, Opp. Lal Bungalows, Ahmedabad Cg Road, Ahmedabad [Pan : Aftpp 6547 D] (Appellant) .. (Respondent) Appellant By: Shri V. Nandakumar, Cit-Dr & Shri Kavan Limbasiya, Sr. Dr Respondent By : Shri Biren Shah, Ar Date Of Hearing 12.03.2025 Date Of Pronouncement 22.04.2025 O R D E R Per Dr. B.R.R. Kumar, Vice-:-

For Appellant: Shri V. Nandakumar, CIT-DR &For Respondent: Shri Biren Shah, AR
Section 132Section 133ASection 143(3)Section 147Section 148Section 68

133A of the Act were carried out at various premises belonging to that of cash handlers, middlemen and the beneficiaries. One such person was Mr. Sanjay Soni who used to send Whatsapp messages of various bank accounts along with details of amounts to be transferred and he had given Rs.48 crores in old demonetized notes which were transferred to various

OVEZ ARIFBHAI LAKHANI,BHAVNAGAR vs. THE PR. CIT, AHMEDABAD-1, AHMEDABAD

In the result, the appeal of the assessee is dismissed

ITA 590/AHD/2024[2014-15]Status: DisposedITAT Ahmedabad30 Aug 2024AY 2014-15

Bench: Income Tax Appellate Tribunal, Ahmedabad Benches, Has Arisen From The Revisionary Order Dated 12.03.2024 Passed By Ld. Principal

For Appellant: Shri Bharat R. Popat, A.RFor Respondent: Shri Kamlesh Makwana, CIT-D.R
Section 144BSection 147Section 148Section 263

133A . The said company KDJHRL is a recognized penny stock with scrip code 530701 engaged in providing bogus long term capital gain/loss to various entities. The assessee is one of the I.T.A No. 590/Ahd/2024 A.Y. 2014-15 Page No. 12 Ovez Arifbhai Lakhani v. Pr. CIT beneficiary who traded in the scrip of KDJHRL

SHRI UMANG HIRALAL THAKKAR,AHMEDABAD vs. THE DY.CIT.,CENT.CIRCLE-1(1),, AHMEDABAD

In the result, the appeal filed by the assessee bearing ITA No

ITA 2150/AHD/2008[2005-06]Status: DisposedITAT Ahmedabad30 Jul 2024AY 2005-06

Bench: Mrs. Annapurna Gupta & Shri T.R. Senthil Kumarआयकर अपील सं / Ita No. 2150/Ahd/2008 िनधा"रण वष"/Assessment Year: 2005-06 बनाम Shri Umang Hiralal Thakkar, The Dy. Commissioner Of Vs. Dharmadev House, Income-Tax, Shyamal Cross Road, Satellite, Central Circle 1(1), Ahmedabad – 380015 Ahmedabad Pan : Aavpt 8621 R आयकर अपील सं / Ita No. 2548/Ahd/2008 िनधा"रणवष"/Assessment Year: 2005-06 बनाम Shri Umang Hiralal Thakkar, The Dy. Commissioner Of Vs. 305, Sahajanand Plaza, Bhatta Income-Tax, Ch Ar Rasta, Paldi, Ahmedabad Central Circle 1(1), Pan : Aavpt 8621 R Ahmedabad अपीलाथ"/ (Appellant) अपीलाथ" "" यथ" "" यथ"/ (Respondent) अपीलाथ" अपीलाथ" "" "" यथ" यथ" िनधा"रती की ओर से / Assessee By : Shri Bandish Soparkar, Ar & Shri Parin Shah, Ar ""थ" की ओर से / Revenue By : Shri Akhilendra Pratap Yadav, Cit-Dr तारीख/Date Of Hearing : 09.05.2024 सुनवाई क" क" तारीख सुनवाई सुनवाई सुनवाई क" क" तारीख तारीख घोषणा क" क" तारीख तारीख /Date Of Pronouncement: 30.07.2024 घोषणा घोषणा घोषणा क" क" तारीख तारीख आदेश आदेश/O R D E R आदेश आदेश

For Appellant: Shri Bandish Soparkar, AR &For Respondent: Shri Akhilendra Pratap Yadav, CIT-DR
Section 132Section 143(2)Section 250(6)

section 68 of the Act on this count.” 6.4 As is evident from the above, the ITAT noted that the Assessing Officer had made addition in the absence of any evidence filed by the assessee. The ld. CIT(A) had admitted the additional evidences filed by the assessee in this regard, and after appreciating the same and seeking a report

THE DCIT, CENTRAL CIRCLE-1(1),, AHMEDABAD vs. SHRI UMANG H. THAKKAR, AHMEDABAD

In the result, the appeal filed by the assessee bearing ITA No

ITA 2548/AHD/2008[2005-06]Status: DisposedITAT Ahmedabad30 Jul 2024AY 2005-06

Bench: Mrs. Annapurna Gupta & Shri T.R. Senthil Kumarआयकर अपील सं / Ita No. 2150/Ahd/2008 िनधा"रण वष"/Assessment Year: 2005-06 बनाम Shri Umang Hiralal Thakkar, The Dy. Commissioner Of Vs. Dharmadev House, Income-Tax, Shyamal Cross Road, Satellite, Central Circle 1(1), Ahmedabad – 380015 Ahmedabad Pan : Aavpt 8621 R आयकर अपील सं / Ita No. 2548/Ahd/2008 िनधा"रणवष"/Assessment Year: 2005-06 बनाम Shri Umang Hiralal Thakkar, The Dy. Commissioner Of Vs. 305, Sahajanand Plaza, Bhatta Income-Tax, Ch Ar Rasta, Paldi, Ahmedabad Central Circle 1(1), Pan : Aavpt 8621 R Ahmedabad अपीलाथ"/ (Appellant) अपीलाथ" "" यथ" "" यथ"/ (Respondent) अपीलाथ" अपीलाथ" "" "" यथ" यथ" िनधा"रती की ओर से / Assessee By : Shri Bandish Soparkar, Ar & Shri Parin Shah, Ar ""थ" की ओर से / Revenue By : Shri Akhilendra Pratap Yadav, Cit-Dr तारीख/Date Of Hearing : 09.05.2024 सुनवाई क" क" तारीख सुनवाई सुनवाई सुनवाई क" क" तारीख तारीख घोषणा क" क" तारीख तारीख /Date Of Pronouncement: 30.07.2024 घोषणा घोषणा घोषणा क" क" तारीख तारीख आदेश आदेश/O R D E R आदेश आदेश

For Appellant: Shri Bandish Soparkar, AR &For Respondent: Shri Akhilendra Pratap Yadav, CIT-DR
Section 132Section 143(2)Section 250(6)

section 68 of the Act on this count.” 6.4 As is evident from the above, the ITAT noted that the Assessing Officer had made addition in the absence of any evidence filed by the assessee. The ld. CIT(A) had admitted the additional evidences filed by the assessee in this regard, and after appreciating the same and seeking a report

PARUL AROGYA SEVA MANDAL TRUST,AHMEDABAD vs. THE DY.CIT, CENTRAL CIRCLE-1(2), AHMEDABAD

Appeals are allowed

ITA 992/AHD/2023[2017-18]Status: DisposedITAT Ahmedabad12 Jul 2024AY 2017-18

Bench: Shri Siddhartha Nautiyal & Shri Makarand V. Mahadeokar, Accountnat Member

For Respondent: Shri Sudhendu Das, CIT-DR
Section 10Section 12ASection 133ASection 80G(5)

133A was conducted in the case of Parul Arogya Seva Mandal Trust and Parul University on 31/01/2017. 2. During the survey, various incrimination documents were found along with data in the form of MS Excel files and impounded which show that the trustees of Parul Group were involved in the practice of receiving back the portion of salary paid

PARUL UNIVERSITY,VADODARA vs. THE DY.CIT,EXEMPTION CIRCLE-1, AHMEDABAD

Appeals are allowed

ITA 993/AHD/2023[2017-18]Status: DisposedITAT Ahmedabad12 Jul 2024AY 2017-18

Bench: Shri Siddhartha Nautiyal & Shri Makarand V. Mahadeokar, Accountnat Member

For Respondent: Shri Sudhendu Das, CIT-DR
Section 10Section 12ASection 133ASection 80G(5)

133A was conducted in the case of Parul Arogya Seva Mandal Trust and Parul University on 31/01/2017. 2. During the survey, various incrimination documents were found along with data in the form of MS Excel files and impounded which show that the trustees of Parul Group were involved in the practice of receiving back the portion of salary paid