M/S. MUKKA PROTEINS LIMITED (FORMERLY KNOW AS MUKKA SEA FOOD INDUSTRIES LTD., ),MANGALORE vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1, MANGALORE

In the result, appeals of the assessee in ITA Nos

bogus. The\nassessee had moved a miscellaneous application, which was\nrejected inter-alia on the ground that no specific plea with\nregard to assessee did purchases, rice bran from M/s. R.K.R.K.\nor some other person or as did go into the process of\nmanufacturing the oil. It was held that the cost of such\npurchases may be worked

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

purchases recorded in the computer of the assessee firm containing date wise purchases made by the assessee from Malpe were found. When confronted, the partner present during the course of the survey proceedings, clarified that the purchases under the column "MalpePur Actual" represented the actual purchases for which payments had been made by NEFT/RTGS and ITA Nos.62 to 66/Bang/2023

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

purchases recorded in the computer of the assessee firm containing date wise purchases made by the assessee from Malpe were found. When confronted, the partner present during the course of the survey proceedings, clarified that the purchases under the column "MalpePur Actual" represented the actual purchases for which payments had been made by NEFT/RTGS and ITA Nos.62 to 66/Bang/2023

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

purchases recorded in the computer of the assessee firm containing date wise purchases made by the assessee from Malpe were found. When confronted, the partner present during the course of the survey proceedings, clarified that the purchases under the column "MalpePur Actual" represented the actual purchases for which payments had been made by NEFT/RTGS and ITA Nos.62 to 66/Bang/2023

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

purchases recorded in the computer of the assessee firm containing date wise purchases made by the assessee from Malpe were found. When confronted, the partner present during the course of the survey proceedings, clarified that the purchases under the column "MalpePur Actual" represented the actual purchases for which payments had been made by NEFT/RTGS and ITA Nos.62 to 66/Bang/2023

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

purchases recorded in the computer of the assessee firm containing date wise purchases made by the assessee from Malpe were found. When confronted, the partner present during the course of the survey proceedings, clarified that the purchases under the column "MalpePur Actual" represented the actual purchases for which payments had been made by NEFT/RTGS and ITA Nos.62 to 66/Bang/2023

M/S. SPR SPIRITS PRIVATE LIMITED (FORMERLY KNOWN AS SPR GROUP HOLDINGS PRIVATE LIMITED),BANGALORE vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE- 1(3), BANGALORE

In the result, the appeals of the assessee are partly allowed for statistical purposes

Bench: Shri Chandra Poojari & Smt. Beena Pillai

bogus. 6.2 Later, the statement of Janardan V., was confronted to Suresh Gowda, Executive Director of the assessee company. In his statement recorded u/s 132(4) of the Act on 9.12.2011, he has stated that these 3 parties are suppliers of bottles and grapes. They have the goods receipt for supply of the goods. However, he submitted that he wishes

M/S. SPR SPIRITS PRIVATE LIMITED (FORMERLY KNOWN AS SPR GROUP HOLDINGS PRIVATE LIMITED),BANGALORE vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE- 1(3), BANGALORE

In the result, the appeals of the assessee are partly allowed for statistical purposes

Bench: Shri Chandra Poojari & Smt. Beena Pillai

bogus. 6.2 Later, the statement of Janardan V., was confronted to Suresh Gowda, Executive Director of the assessee company. In his statement recorded u/s 132(4) of the Act on 9.12.2011, he has stated that these 3 parties are suppliers of bottles and grapes. They have the goods receipt for supply of the goods. However, he submitted that he wishes

M/S. SPR SPIRITS PRIVATE LIMITED (FORMERLY KNOWN AS SPR GROUP HOLDINGS PRIVATE LIMITED),BANGALORE vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE- 1(3), BANGALORE

In the result, the appeals of the assessee are partly allowed for statistical purposes

Bench: Shri Chandra Poojari & Smt. Beena Pillai

bogus. 6.2 Later, the statement of Janardan V., was confronted to Suresh Gowda, Executive Director of the assessee company. In his statement recorded u/s 132(4) of the Act on 9.12.2011, he has stated that these 3 parties are suppliers of bottles and grapes. They have the goods receipt for supply of the goods. However, he submitted that he wishes

M/S. SPR SPIRITS PRIVATE LIMITED (FORMERLY KNOWN AS SPR GROUP HOLDINGS PRIVATE LIMITED),BANGALORE vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE- 1(3), BANGALORE

In the result, the appeals of the assessee are partly allowed for statistical purposes

Bench: Shri Chandra Poojari & Smt. Beena Pillai

bogus. 6.2 Later, the statement of Janardan V., was confronted to Suresh Gowda, Executive Director of the assessee company. In his statement recorded u/s 132(4) of the Act on 9.12.2011, he has stated that these 3 parties are suppliers of bottles and grapes. They have the goods receipt for supply of the goods. However, he submitted that he wishes

M/S. HARIS MARINE PRODUCTS,MANGALORE vs. THE DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1, , MANGALORE

In the result, both the appeals of the assessee are\nallowed

bogus so as to disallow the same and brought to tax as\nundisclosed income of the assessee.\n5.7 Further, there was a CBDT circular file no.286/98/2013-IT\n(Inv.II) dated 18.12.2014 which states as under:\n“Instances/complaints of undue influence/coercion have come to notice of\nthe CBDT that some assessees were coerced to admit undisclosed income\nduring Searches/Surveys conducted

ASST. COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1,MANGALORE, MANGALORE vs. RAJ DIAMONDS, MUMBAI

In the result the appeal of the Revenue is dismissed &

Bench: Shri Prashant Maharishi & Shri Keshav Dubeyassessment Year : 2018-19

bogus purchase made without appreciating that the entire purchases made were genuine & accordingly prayed that the entire addition may be deleted. 10. We have heard the rival submissions & perused the materials available on record. It is an undisputed fact that the assessee firm filed its return of income for the Asst. year 2018-19 on 05/10/2018 by declaring the total

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

transfer. Cash sales form only a small percentage of total sales (about 5% in ATC and 12% in STC), . ITA No.399-410/Bang/2025 Page 10 of 33 which means most cash purchases are matched against bank/cheque sales. 3.4 It is further argued that no defect has been pointed out in the stock records, and in fact, purchases are fully reconciled with sales

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

Bench: Shri Waseem Ahmed & Shri Keshav Dubey

transfer. Cash sales form only a small percentage of total sales (about 5% in ATC and 12% in STC), . ITA No.399-410/Bang/2025 Page 10 of 33 which means most cash purchases are matched against bank/cheque sales. 3.4 It is further argued that no defect has been pointed out in the stock records, and in fact, purchases are fully reconciled with sales

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

transfer. Cash sales form only a\nsmall percentage of total sales (about 5% in ATC and 12% in STC),\nwhich means most cash purchases are matched against bank/cheque\nsales.\n3.4 It is further argued that no defect has been pointed out in the\nstock records, and in fact, purchases are fully reconciled with sales. All\nthe purchases made

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

transfer. Cash sales form only a\nsmall percentage of total sales (about 5% in ATC and 12% in STC),\nwhich means most cash purchases are matched against bank/cheque\nsales.\n3.4 It is further argued that no defect has been pointed out in the\nstock records, and in fact, purchases are fully reconciled with sales. All\nthe purchases made

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

transfer. Cash sales form only a\nsmall percentage of total sales (about 5% in ATC and 12% in STC),\nwhich means most cash purchases are matched against bank/cheque\nsales.\n\n3.4 It is further argued that no defect has been pointed out in the\nstock records, and in fact, purchases are fully reconciled with sales. All\nthe purchases made

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

transfer. Cash sales form only a\nsmall percentage of total sales (about 5% in ATC and 12% in STC),\nwhich means most cash purchases are matched against bank/cheque\nsales.\n3.4 It is further argued that no defect has been pointed out in the\nstock records, and in fact, purchases are fully reconciled with sales. All\nthe purchases made

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

transfer. Cash sales form only a\nsmall percentage of total sales (about 5% in ATC and 12% in STC),\nwhich means most cash purchases are matched against bank/cheque\nsales.\n3.4 It is further argued that no defect has been pointed out in the\nstock records, and in fact, purchases are fully reconciled with sales. All\nthe purchases made