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1 result for “bogus purchases”+ Section 43Cclear

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Section 683Section 115B3

SANDEEP KUMAR SANSERWAL,YAMUNANAGAR vs. ITO WARD-4, YAMUNAGAR

In the result, the addition so made is hereby directed to be deleted

ITA 527/CHANDI/2022[2017-18]Status: DisposedITAT Chandigarh03 Jul 2024AY 2017-18

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

For Appellant: Shri Vibhor Garg, C.AFor Respondent: Shri Dharam Vir, JCIT, Sr. DR
Section 115BSection 143(1)Section 143(2)Section 143(3)Section 68

bogus sales only to justify the source of cash deposits. Further, when such sales were made in various other months as detailed in para 7 of the assessment order totaling to Rs. 75,03,632/- and in each such month the said cash sales had ranged from Rs.96,309/- (June, 2016) to highest sale of Rs. 5,51,490/- (July