ASSTT. COMMISSIONER OF INCOME TAX, CIRCLE-2(1)(1), AHMEDABAD vs. REKHA INDRAVADAN CHOKSHI, AHMEDABAD

In the result, the Department’s appeal is dismissed

Bench: Smt. Annapurna Gupta (Accountant Member), Shri Siddhartha Nautiyal (Judicial Member)

bogus and fabricated. The assessing officer also observed that cash sales were intentionally bifurcated into small amounts in order to keep the sale value below Rs. 2 lacs to avoid mentioning PAN of the cash purchaser. Therefore, in nutshell, the total purchases of Rs. 25,90,09,722/- recorded in the books of accounts during the demonetization period

REKHABEN INDRAVADAN CHOKSHI,AHMEDABAD vs. INCOME TAX OFFICER,WARD-5(2)(4), AHMEDABAD

In the result, the Department’s appeal is dismissed

Smt. Annapurna Gupta (Accountant Member), Shri Siddhartha Nautiyal (Judicial Member)