KLF NIRMAL INDUSTRIES PRIVATE LIMITED,THRISSUR vs. DCIT CIRCLE 1(1)& TPS, THRISSUR

In the result, the appeal filed by the assessee stands partly allowed for statistical purposes

Bench: Shri Inturi Rama Rao, Am & Shri Manu Kumar Giri, Jm Assessment Year: 2021-22 Klf Nirmal Industries Pvt. Ltd. .......... Appellant Father Dismas Road, Irinjalakuda 680125 [Pan: Aadck4657K] Vs. Dy. Commissioner Of Income Tax, Thrissur ......... Respondent Assessee By: Shri Ashok Cheeran, Ca Revenue By: Smt. Leena Lal, Sr. D.R. Date Of Hearing: 04.11.2025 Date Of Pronouncement: 20.11.2025 O R D E R Per: Inturi Rama Rao, Am This Appeal Filed By The Assessee Is Directed Against The Order Of The National Faceless Appeal Centre, Delhi (Nfac) Dated 19.08.2025 For Assessment Year (Ay) 2021-22. 2. Brief Facts Of The Case Are That The Appellant Is A Company Incorporated Under The Provisions Of Companies Act, 1956. The Return Of Income For Ay 2021-22 Was Filed On 31.03.2022 Declaring Income Of Rs. 5,17,90,870/-. Against The Said Return Of Income, The Assessment Was Completed By The Assessment Unit, Income Tax Department (Hereinafter Called "The Ao") Vide Order Dated

purchases made by the appellant. Further, it is submitted that in view of the very nature of the transaction, furnishing of such details is humanly impossible. Therefore, no ad hoc disallowance can be made without rejecting the books of account. Now it is trite law that even in the case of bogus