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1 result for “bogus purchases”+ Section 50(2)clear

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Section 2605

RAMESH HARIBHAU GAWALI vs. THE INCOME TAX OFFICER - I AHMEDNAGAR

The appeal stands dismissed

ITA/29/2019HC Bombay04 Jan 2024

Bench: HON'BLE SMT. JUSTICE VIBHA KANKANWADI,HON'BLE SHRI JUSTICE S. G. CHAPALGAONKAR

Section 143(2)Section 143(3)Section 260

50,480/-. It was selected for scrutiny. After receiving the notice, the relevant information in respect of books of account etc. furnished by the appellant. After scrutiny, the Income Tax Officer passed assessment order on 20.03.2013 and disallowed the expenses to some extent and the income was determined at Rs.2,85,15,890/-. It was challenged by the appellant