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3 results for “charitable trust”+ Section 69Cclear

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Section 26324 Section 40A(3)6 Section 1476 Bogus Purchases3 Disallowance3

M/S DIN DAYAL PURSOTAM LAL,SIRSA vs. PR.CIT, ROHTAK

ITA 146/CHANDI/2021[2011-12]Status: DisposedITAT Chandigarh04 Mar 2024AY 2011-12

Bench: SHRI A.D.JAIN (Vice President), SHRI VIKRAM SINGH YADAV (Accountant Member)

For Appellant: Shri Gautam Jain, Advocate &For Respondent: Shri Rohit Sharma, CIT-DR

Section 147Section 263Section 40A(3)

69C of the Act, as unexplained expenditure in respect of the purchases, was to be upheld. 12.3 Again, the facts are exactly similar. To reiterate, here also, the AO made the addition merely on the basis of conjectures and surmises, without bringing on record anything to prove the purchases to be bogus. In contradistinction, the assessee had furnished on record

M/S DIN DAYAL PURSOTAM LAL,SIRSA vs. PR.CIT, ROHTAK

ITA 147/CHANDI/2021[2015-16]Status: Disposed