S.P. SINGLA CONSTRUCTION PRIVATE LIMITED,DELHI vs. DEPUTY COMMISSIONER OF INCOME TAX, CHANDIGARH
In the result, the appeal is allowed
ITA 514/CHANDI/2023[2012-2013]Status: DisposedITAT Chandigarh02 Jan 2025AY 2012-2013
Bench: SHRI MAHAVIR SINGH (Vice President), SHRI KRINWANT SAHAY (Accountant Member)
For Appellant: Shri Ashwani Kumar, CAFor Respondent: Smt. Kusum Bansal, CIT-DR
Section 127Section 132Section 143(3)Section 147Section 148Section 148(2)Section 153Section 153A
Purchases
Rs. 265.04
2
Freight
Rs. 4.76
3
Duties
Rs. 4.48
4
Consumption of stores and spare parts
Rs. 10.29
5
Other Expenses
Rs. 174.23
On analysis of report of. the investigation wing and the return of income, it is clear that bogus expense of Rs. 36,10,58,438/- has been booked by the assessee company during the year
