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3 results for “bogus purchases”+ Section 14Aclear

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Key Topics

Section 14A6Section 143(3)4Addition to Income3Section 1482Section 153A2Section 1542Bogus Purchases2Disallowance2Rectification u/s 1542

WINSOME TEXTILE INDUSTRIES LIMITED,CHANDIGARH vs. ASSTT. COMMISSIONER OF INCOME TAX, CIRCLE-4(1), CHANDIGARH, CHANDIGARH

In the result, the appeal of the assessee is partly allowed and the appeal of the Revenue is dismissed

ITA 528/CHANDI/2024[2011-12]Status: DisposedITAT Chandigarh27 Feb 2025AY 2011-12

Bench: SHRI. VIKRAM SINGH YADAV (Accountant Member), SHRI. PARESH M. JOSHI (Judicial Member)

For Appellant: Shri Tejmohan Singh, AdvocateFor Respondent: Shri Ved Parkash Kalia Sr. DR
Section 115JSection 143(1)Section 143(3)Section 147Section 148

Section 147 is attracted. The reasons to believe ought to also paraphrase any investigation report which may form the basis of the reasons and any enquiry conducted by the AO on the same and if so, the conclusions thereof; (iii) where the reasons make a reference to another document, whether as a letter or report, such document and/ or relevant

M/S HANSA TUBES PVT. LTD.,CHANDIGARH vs. DCIT, CC-1, CHANDIGARH

In the result, the appeal of the Revenue in ITA 6/Chd/2019 is dismissed

ITA 7/CHANDI/2018[2013-14]Status: DisposedITAT Chandigarh30 Oct 2019AY 2013-14

Bench: Shri Sanjay Garg & Ms. Annapurna Guptaआयकरअपीलसं./Ita Nos. 06/Chd/2018 "नधा"रणवष" / Assessment Year : 2012-13 The Dcit, Vs. M/S Hansa Tubes Pvt Central Circle-1, Ltd., 181/25, Industrial बनाम Chandigarh Area, Phase-1, Chandigarh "थायीलेखासं./Pan No:Aaach7966H अपीलाथ"/Appellant ""यथ"/Respondent

For Appellant: Shri Ajay Jain, CAFor Respondent: Shri Chandrajeet Singh, CIT DR
Section 143(3)Section 14ASection 153ASection 154

section 143(3) of the Income Tax Act, 1961 (in short 'the Act') had made the addition of Rs. 1,85,23,135/- on account of bogus purchases. Further, an amount of Rs. 4,38,400/- in respect of agreement to sale and amount of Rs. 7,59,628/- on account of disallowance u/s 14A

DCIT, CC-I, CHANDIGARH vs. M/S HANSA TUBES PVT. LTD., CHANDIGARH

In the result, the appeal of the Revenue in ITA 6/Chd/2019 is dismissed

ITA 6/CHANDI/2018[2012-13]Status: DisposedITAT Chandigarh30 Oct 2019AY 2012-13

Bench: Shri Sanjay Garg & Ms. Annapurna Guptaआयकरअपीलसं./Ita Nos. 06/Chd/2018 "नधा"रणवष" / Assessment Year : 2012-13 The Dcit, Vs. M/S Hansa Tubes Pvt Central Circle-1, Ltd., 181/25, Industrial बनाम Chandigarh Area, Phase-1, Chandigarh "थायीलेखासं./Pan No:Aaach7966H अपीलाथ"/Appellant ""यथ"/Respondent

For Appellant: Shri Ajay Jain, CAFor Respondent: Shri Chandrajeet Singh, CIT DR
Section 143(3)Section 14ASection 153ASection 154

section 143(3) of the Income Tax Act, 1961 (in short 'the Act') had made the addition of Rs. 1,85,23,135/- on account of bogus purchases. Further, an amount of Rs. 4,38,400/- in respect of agreement to sale and amount of Rs. 7,59,628/- on account of disallowance u/s 14A