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11 results for “bogus purchases”+ Section 269Tclear

Sorted by relevance

Bangalore11Visakhapatnam8Indore5Mumbai3Delhi2Ahmedabad2Cuttack2Pune2Chandigarh2Nagpur1Jaipur1Dehradun1

Key Topics

Section 153A22Section 13211Section 132(4)11Section 13111Disallowance11Addition to Income11Survey u/s 133A11Undisclosed Income4

BYSANI ADINARAYAGUPTHA SRINATH,BENGALURU vs. JOINT COMMISSIONER OF INCOME TAX (OSD), CENTRAL CIRCLE-1(3), BENGALURU

In the result, the appeals of the assessee for Assessment Years

ITA 402/BANG/2025[2016-17]Status: DisposedITAT Bangalore09 Oct 2025AY 2016-17

Bench: Shri Waseem Ahmed & Shri Keshav Dubey

For Appellant: Shri Bharadwaj Sheshadri, CA &For Respondent: Shri Shivanad Kalakeri, CIT (DR)
Section 131Section 132Section 132(4)Section 153A

purchases as bogus. In view of the above detailed discussion, facts and judicial pronouncements, we hold that addition made solely based on statement without having corroborative materials cannot be sustained. Therefore, we hereby set aside the finding of the learned CIT(A) and direct the AO . ITA No.399-410/Bang/2025 Page 22 of 33 to delete the addition made by him. Hence

BYSANI SRINATH MAMATHA,BENGALURU vs. JOINT COMMISSIONER OF INCOME TAX (OSD) CENTRAL CIRCLE-1(3), BENGALURU

In the result, the appeals of the assessee for Assessment Years

ITA 407/BANG/2025[2015-16]Status: DisposedITAT Bangalore09 Oct 2025AY 2015-16

Bench: Shri Waseem Ahmed & Shri Keshav Dubey

For Appellant: Shri Bharadwaj Sheshadri, CA &For Respondent: Shri Shivanad Kalakeri, CIT (DR)
Section 131Section 132Section 132(4)Section 153A

purchases as bogus. In view of the above detailed discussion, facts and judicial pronouncements, we hold that addition made solely based on statement without having corroborative materials cannot be sustained. Therefore, we hereby set aside the finding of the learned CIT(A) and direct the AO . ITA No.399-410/Bang/2025 Page 22 of 33 to delete the addition made by him. Hence

BYSANI ADINARAYAGUPATHA SRINATH,BENGALURU vs. JOINT COMMISSIONER OF INCOME TAX (OSD), CENTRAL CIRCLE-1(3), BENGALURU

In the result, all the appeals of the assessee for A

ITA 404/BANG/2025[2018-19]Status: DisposedITAT Bangalore09 Oct 2025AY 2018-19
Section 131Section 132Section 132(4)Section 153A

bogus purchases, and the admission was not corroborated. Regarding interest income, it was held that the loose sheet was a 'dumb document' without corroboration, and the admission was clarified as interest paid, not received, thus the addition was deleted.", "result": "Allowed", "sections": [ "132", "153A", "132(4)", "131(1)", "40A(3)", "44AB", "Rule 6DD", "132(4A)", "269SS", "269ST", "269T

BYSANI SRINATH MAMATHA,BENGALURU vs. JOINT COMMISSIONER OF INCOME TAX (OSD), CENTRAL CIRCLE-1(3), BENGALURU

In the result, all the appeals of the assessee for A

ITA 406/BANG/2025[2014-15]Status: DisposedITAT Bangalore09 Oct 2025AY 2014-15
Section 131Section 132Section 132(4)Section 153A

bogus purchases.\n7.8 Furthermore, the assessee has consistently argued that whatever\nmaize was purchased, whether in cash or through banking channels, was\nfully sold to reputed buyers like Karnataka Milk Federation and Suguna\nFoods. The sales are not doubted, nor has any discrepancy in stock or\nquantitative tally been pointed out. We note that the argument of the\nassessee

BYSANI ADINARAYAGUPTHA SRINATH,BENGALURU vs. JOINT COMMISSIONER OF INCOME TAX(OSD), CENTRAL CIRCLE 1(3), BENGALURU

In the result, all the appeals of the assessee for A

ITA 400/BANG/2025[2014-15]Status: DisposedITAT Bangalore09 Oct 2025AY 2014-15
Section 131Section 132Section 132(4)Section 153A

bogus purchases.\n\n7.8 Furthermore, the assessee has consistently argued that whatever\nmaize was purchased, whether in cash or through banking channels, was\nfully sold to reputed buyers like Karnataka Milk Federation and Suguna\nFoods. The sales are not doubted, nor has any discrepancy in stock or\nquantitative tally been pointed out. We note that the argument of the\nassessee

BYSANI SRINATH MAMATHA,BENGALURU vs. JOINT COMMISSIONER OF INCOME TAX (OSD), CENTRAL CIRCLE-1(3), BENGALURU

In the result, all the appeals of the assessee for A

ITA 410/BANG/2025[2018-19]Status: DisposedITAT Bangalore09 Oct 2025AY 2018-19
For Appellant: Shri Bharadwaj Sheshadri, CA &For Respondent: Shri Shivanad Kalakeri, CIT (DR)
Section 131Section 132Section 132(4)Section 153A

bogus purchases.\n7.8 Furthermore, the assessee has consistently argued that whatever\nmaize was purchased, whether in cash or through banking channels, was\nfully sold to reputed buyers like Karnataka Milk Federation and Suguna\nFoods. The sales are not doubted, nor has any discrepancy in stock or\nquantitative tally been pointed out. We note that the argument of the\nassessee

BYSANI ADINARAYAGUPTHA SRINATH,BENGALURU vs. JOINT COMMISSIONER OF INCOME TAX (OSD), CENTRAL CIRCLE-1(3), BENGALURU

In the result, all the appeals of the assessee for A

ITA 401/BANG/2025[2015-16]Status: DisposedITAT Bangalore09 Oct 2025AY 2015-16
Section 131Section 132Section 132(4)Section 153A

bogus purchases.\n7.8 Furthermore, the assessee has consistently argued that whatever\nmaize was purchased, whether in cash or through banking channels, was\nfully sold to reputed buyers like Karnataka Milk Federation and Suguna\nFoods. The sales are not doubted, nor has any discrepancy in stock or\nquantitative tally been pointed out. We note that the argument of the\nassessee

BYSANI ADINARAYAGUPTHA SRINATH,BENGALURU vs. JOINT COMMISSIONER OF INCOME TAX(OSD), CENTRAL CIRCLE-1(3), BENGALURU

In the result, all the appeals of the assessee for A

ITA 399/BANG/2025[2013-14]Status: DisposedITAT Bangalore09 Oct 2025AY 2013-14
Section 131Section 132Section 132(4)Section 153A

bogus purchases.\n\n7.8 Furthermore, the assessee has consistently argued that whatever\nmaize was purchased, whether in cash or through banking channels, was\nfully sold to reputed buyers like Karnataka Milk Federation and Suguna\nFoods. The sales are not doubted, nor has any discrepancy in stock or\nquantitative tally been pointed out. We note that the argument of the\nassessee

BYSANI SRINATH MAMATHA,BENGALURU vs. JOINT COMMISSIONER OF INCOME TAX, (OSD) CENTRAL CIRCLE-1(3), BENGALURU

In the result, all the appeals of the assessee for A

ITA 405/BANG/2025[2013-14]Status: DisposedITAT Bangalore09 Oct 2025AY 2013-14
Section 131Section 132Section 132(4)Section 153A

bogus purchases.\n\n7.8 Furthermore, the assessee has consistently argued that whatever\nmaize was purchased, whether in cash or through banking channels, was\nfully sold to reputed buyers like Karnataka Milk Federation and Suguna\nFoods. The sales are not doubted, nor has any discrepancy in stock or\nquantitative tally been pointed out. We note that the argument of the\nassessee

BYSANI SRINATH MAMATHA,BENGALURU vs. JOINT COMMISSIONER OF INCOME TAX (OSD) CENTRAL CIRCLE-1(3), BENGALURU

In the result, all the appeals of the assessee for A

ITA 409/BANG/2025[2017-18]Status: DisposedITAT Bangalore09 Oct 2025AY 2017-18
Section 131Section 132Section 132(4)Section 153A

bogus purchases.\n\n7.8 Furthermore, the assessee has consistently argued that whatever\nmaize was purchased, whether in cash or through banking channels, was\nfully sold to reputed buyers like Karnataka Milk Federation and Suguna\nFoods. The sales are not doubted, nor has any discrepancy in stock or\nquantitative tally been pointed out. We note that the argument of the\nassessee

BYSANI SRINATH MAMATHA,BENGALURU vs. JOINT COMMISSIONER OF INCOME TAX(OSD), CENTRAL CIRCLE-1(3), BENGALURU

In the result, all the appeals of the assessee for A

ITA 408/BANG/2025[2016-17]Status: DisposedITAT Bangalore09 Oct 2025AY 2016-17
For Appellant: Shri Bharadwaj Sheshadri, CA &For Respondent: Shri Shivanad Kalakeri, CIT (DR)
Section 131Section 132Section 132(4)Section 153A

bogus purchases.\n7.8 Furthermore, the assessee has consistently argued that whatever\nmaize was purchased, whether in cash or through banking channels, was\nfully sold to reputed buyers like Karnataka Milk Federation and Suguna\nFoods. The sales are not doubted, nor has any discrepancy in stock or\nquantitative tally been pointed out. We note that the argument of the\nassessee