M/S. YASHASWI FISH MEAL AND OIL COMPANY,UDUPI vs. DEPUTY COMMISSIONER OF INCOME-TAX, CENTRAL CIRCLE-1, MANGALORE

In the result, all the appeals of the assessee are partly allowed

Bench: Shri Chandra Poojari & Smt. Beena Pillai

89,88,138.00 7.6 As can be seen from the above considerable portion of the purchases, i.e 60.45% is either in cash or in the form of bearer cheques. 7.7 In Q. No. 7 of the statement the partner has stated that raw materials are purchased from various places between the coast of Ratnagiri to Cochin but the main purchases

M/S. YASHASWI FISH MEAL AND OIL COMPANY,UDUPI vs. DEPUTY COMMISSIONER OF INCOME-TAX, CENTRAL CIRCLE-1, MANGALORE

In the result, all the appeals of the assessee are partly allowed

Bench: Shri Chandra Poojari & Smt. Beena Pillai

89,88,138.00 7.6 As can be seen from the above considerable portion of the purchases, i.e 60.45% is either in cash or in the form of bearer cheques. 7.7 In Q. No. 7 of the statement the partner has stated that raw materials are purchased from various places between the coast of Ratnagiri to Cochin but the main purchases

M/S. YASHASWI FISH MEAL AND OIL COMPANY,UDUPI vs. DEPUTY COMMISSIONER OF INCOME-TAX, CENTRAL CIRCLE-1, MANGALORE

In the result, all the appeals of the assessee are partly allowed

Bench: Shri Chandra Poojari & Smt. Beena Pillai

89,88,138.00 7.6 As can be seen from the above considerable portion of the purchases, i.e 60.45% is either in cash or in the form of bearer cheques. 7.7 In Q. No. 7 of the statement the partner has stated that raw materials are purchased from various places between the coast of Ratnagiri to Cochin but the main purchases

M/S. YASHASWI FISH MEAL AND OIL COMPANY,UDUPI vs. DEPUTY COMMISSIONER OF INCOME-TAX, CENTRAL CIRCLE-1, MANGALORE

In the result, all the appeals of the assessee are partly allowed

Bench: Shri Chandra Poojari & Smt. Beena Pillai

89,88,138.00 7.6 As can be seen from the above considerable portion of the purchases, i.e 60.45% is either in cash or in the form of bearer cheques. 7.7 In Q. No. 7 of the statement the partner has stated that raw materials are purchased from various places between the coast of Ratnagiri to Cochin but the main purchases

DCIT, CENTRAL CIRCLE-1(3), BAENGALURU vs. LATE SHRI MAHABIR PRASAD(LEGAL HEIR MS. PARUL KANSARIA), BENGALURU

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

Bench: Shri Prashant Maharishi & Shri Keshav Dubey

89 of the Hon’ble Supreme Court held that the above bogus purchases are required to be added to the total income of the assessee under section

LATE SHRI MAHABIR PRASAD(LEGAL HEIR MS. PARUL KANSARIA),BENGALURU vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1(3) , BENGALURU

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

Bench: Shri Prashant Maharishi & Shri Keshav Dubey

89 of the Hon’ble Supreme Court held that the above bogus purchases are required to be added to the total income of the assessee under section

LATE SHRI MAHABIR PRASAD(LEGAL HEIR MS. PARUL KANSARIA),BENGALURU vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE - 1(3) , BENGALURU

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

Bench: Shri Prashant Maharishi & Shri Keshav Dubey

89 of the Hon’ble Supreme Court held that the above bogus purchases are required to be added to the total income of the assessee under section

LATE SHRI MAHABIR PRASAD(LEGAL HEIR MS. PARUL KANSARIA),BENGALURU vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1(3), BENGALURU

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

Bench: Shri Prashant Maharishi & Shri Keshav Dubey

89 of the Hon’ble Supreme Court held that the above bogus purchases are required to be added to the total income of the assessee under section

DCIT, CENTRAL CIRCLE-1(3), BENGALURU vs. LATE SHRI MAHABIR PRASAD (LEGAL HEIR MS. PARUL KANSARIA), BENGALURU

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

89 of the Hon'ble\nSupreme Court held that the above bogus purchases are required\nto be added to the total income of the assessee under section

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

Bench: Shri Waseem Ahmed & Shri Keshav Dubey

89,853/- in case of M/s Aishwarya Trading Corporation (own case) and M/s Sanjana Trading Corporation (wife case) respectively for different financial years. 2.5 In the post search proceedings, the statement of the assessee was again recorded under section 131 of the Act as on 7th May 2019. At this time, the assessee provided the detail of cash purchases made

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

Bench: Shri Waseem Ahmed & Shri Keshav Dubey

89,853/- in case of M/s Aishwarya Trading Corporation (own case) and M/s Sanjana Trading Corporation (wife case) respectively for different financial years. 2.5 In the post search proceedings, the statement of the assessee was again recorded under section 131 of the Act as on 7th May 2019. At this time, the assessee provided the detail of cash purchases made

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

Bench: Shri Waseem Ahmed & Shri Keshav Dubey

89,853/- in case of M/s Aishwarya Trading Corporation (own case) and M/s Sanjana Trading Corporation (wife case) respectively for different financial years. 2.5 In the post search proceedings, the statement of the assessee was again recorded under section 131 of the Act as on 7th May 2019. At this time, the assessee provided the detail of cash purchases made

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

Bench: Shri Waseem Ahmed & Shri Keshav Dubey

89,853/- in case of M/s Aishwarya Trading Corporation (own case) and M/s Sanjana Trading Corporation (wife case) respectively for different financial years. 2.5 In the post search proceedings, the statement of the assessee was again recorded under section 131 of the Act as on 7th May 2019. At this time, the assessee provided the detail of cash purchases made

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

Bench: Shri Waseem Ahmed & Shri Keshav Dubey

89,853/- in case of M/s Aishwarya Trading Corporation (own case) and M/s Sanjana Trading Corporation (wife case) respectively for different financial years. 2.5 In the post search proceedings, the statement of the assessee was again recorded under section 131 of the Act as on 7th May 2019. At this time, the assessee provided the detail of cash purchases made

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

Bench: Shri Waseem Ahmed & Shri Keshav Dubey

89,853/- in case of M/s Aishwarya Trading Corporation (own case) and M/s Sanjana Trading Corporation (wife case) respectively for different financial years. 2.5 In the post search proceedings, the statement of the assessee was again recorded under section 131 of the Act as on 7th May 2019. At this time, the assessee provided the detail of cash purchases made

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

Bench: Shri Waseem Ahmed & Shri Keshav Dubey

89,853/- in case of M/s Aishwarya Trading Corporation (own case) and M/s Sanjana Trading Corporation (wife case) respectively for different financial years. 2.5 In the post search proceedings, the statement of the assessee was again recorded under section 131 of the Act as on 7th May 2019. At this time, the assessee provided the detail of cash purchases made

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

Bench: Shri Waseem Ahmed & Shri Keshav Dubey

89,853/- in case of M/s Aishwarya Trading Corporation (own case) and M/s Sanjana Trading Corporation (wife case) respectively for different financial years. 2.5 In the post search proceedings, the statement of the assessee was again recorded under section 131 of the Act as on 7th May 2019. At this time, the assessee provided the detail of cash purchases made

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

Bench: Shri Waseem Ahmed & Shri Keshav Dubey

89,853/- in case of M/s Aishwarya Trading Corporation (own case) and M/s Sanjana Trading Corporation (wife case) respectively for different financial years. 2.5 In the post search proceedings, the statement of the assessee was again recorded under section 131 of the Act as on 7th May 2019. At this time, the assessee provided the detail of cash purchases made

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

Bench: Shri Waseem Ahmed & Shri Keshav Dubey

89,853/- in case of M/s Aishwarya Trading Corporation (own case) and M/s Sanjana Trading Corporation (wife case) respectively for different financial years. 2.5 In the post search proceedings, the statement of the assessee was again recorded under section 131 of the Act as on 7th May 2019. At this time, the assessee provided the detail of cash purchases made