Search: bogus purchases

2 results for “bogus purchases”+ Section 260Aclear

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Section 271(1)(c)3 Section 683 Section 1482 Addition to Income2

MANPREET SINGH BHULLAR,PARWANOO vs. ITO, PARWANOO

In the result, appeal of the assessee is allowed

ITA 923/CHANDI/2019[2007-08]Status: DisposedITAT Chandigarh09 Jan 2020AY 2007-08

For Appellant: Shri Surinder Babbar, FCAFor Respondent: Shri Arvind Sudershan, JCIT

Section 143(1)Section 144Section 271(1)(c)

bogus purchase by mentioning categorically that there is nothing to prove the entry pass evidences are baseless and sustained the addition at the GP rate arrived at by the assessee. Consequently, the addition of 2,52,917/- was sustained. As against the addition o f 3 1 , 790/- made by disallowing 20% of some of the expenses, the same

M/S BASSI STEELS LTD.,MOHALI vs. DCIT, MOHALI

ITA 96/CHANDI/2016[2004-05]Status: Disposed