YADAV RICE MILLS,MUKTSAR vs. DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-2, BATHINDA, BATHINDA
In the result, the appeal filed by the assessee is allowed
ITA 415/ASR/2024[2012-13]Status: DisposedITAT Amritsar17 Sept 2025AY 2012-13
Bench: Sh. Manoj Kumar Aggarwal & Sh. Udayan Dasgupta
For Appellant: Sh. Ashwani Kumar, Ms. Deepali Aggarwal
Section 131Section 143(1)Section 143(3)Section 147Section 148Section 151Section 250Section 68Section 69C
bogus purchases by either accepting credits by way of cheques/RTGS, etc or by way of giving debits through cheques & RTGS and sometimes, the transactions are done in cash but no actual delivery of goods viz paddy/rice is not taken. In view of the statement of Sh. Dinesh Jain, it is revealed that the transactions were made by assessee
