Appeal of the assessee is allowed
Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee
bogus purchases. Reliance has been placed on the following judgments: I. Judgment of Hon’ble Apex Court in the case of PCIT vs. Tejua Rohit Kumar Kapadia in SLP No. 12670/2018 reported in 94 taxmann.com 325 (SC) copy placed at pages 303 of judgment set. II. Judgment of Piyush Developers Pvt. Ltd. vs. ACIT in ITA No. 5599/Del/2010 copy placed