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61 results for “bogus purchases”+ Section 27clear

Sorted by relevance

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Key Topics

Section 250114Addition to Income4Section 1323Section 153A2Section 143(2)2Section 682Section 143(3)2Section 1472

YENKEY ROLLER FLOUR MILLS,CALICUT vs. DCIT C-1(1), KOZHIKKODE

In the result, the appeal filed by the appellant stands allowed

ITA 522/COCH/2023[2006-2007]Status: DisposedITAT Cochin14 May 2025AY 2006-2007

Bench: Shri George George K., Vp & Shri Inturi Rama Rao, Am

For Appellant: Shri G. Surendranath Rao, CAFor Respondent: Smt. Leena Lal, Sr. D.R
Section 143(3)Section 147Section 148Section 149

bogus purchase of Rs. 25,70,735/- 4. Being aggrieved, an appeal was filed before the CIT(A) challenging the very validity of the reassessment proceedings on the ground that the assessment was sought to be reopened after expiry of a period of 4 years from the relevant assessment year without allegation of failure of the assessee to produce material

Showing 1–20 of 61 · Page 1 of 4

M/S.PRINCE ROLLER FLOUR MILLS P. LTD,PALAKKAD vs. THE ACIT, KOCHI

In the result, appeals of the assessee are allowed and the appeals of the

ITA 36/COCH/2019[2009-10]Status: DisposedITAT Cochin20 Dec 2019AY 2009-10

Bench: S/Shri Chandra Poojari, Am&George George K., Jm

Section 132Section 143(2)Section 153A

27,76,083/- AY 2013-14 1,80,41,977/- AY 2014-15 1,08,37,719/- Hence, it was submitted by the Ld. AR that as per the reasons stated above, the assessments of the above income in the respective assessment years were found without basis and accordingly, the additions may be cancelled. I.T.A. Nos. 36 to 41/Coch/2019

THE ACIT, KOCHI vs. M/S.PRINCE ROLLER FLOUR MILLS P. LTD, PALAKKAD

In the result, appeals of the assessee are allowed and the appeals of the

ITA 21/COCH/2019[2009-10]Status: DisposedITAT Cochin16 Dec 2019AY 2009-10

Bench: S/Shri Chandra Poojari, Am&George George K., Jm

Section 132Section 143(2)Section 153A

27,76,083/- AY 2013-14 1,80,41,977/- AY 2014-15 1,08,37,719/- Hence, it was submitted by the Ld. AR that as per the reasons stated above, the assessments of the above income in the respective assessment years were found without basis and accordingly, the additions may be cancelled. I.T.A. Nos. 36 to 41/Coch/2019

THE ACIT, ERNAKULAM vs. M/S. THOMSON METALS, TRICHUR

In the result, the appeal filed by the Revenue is allowed for statistical purposes

ITA 124/COCH/2017[2011-12]Status: DisposedITAT Cochin01 Apr 2019AY 2011-12

Bench: Shri Chandra Poojari, Am & Shri George George K, Jm

For Appellant: Smt.A.S.Bindhu, Sr.DRFor Respondent: Sri. Sathish John Kanichai, FCA
Section 132Section 153CSection 68

purchased by cash introduced into the firm by partners. Thus, there is no dispute about the fact that the appellant has not commenced its business during the year under consideration. Since the business itself has not commenced, there is no question of it generating any income, leave aside the unaccounted income. ITA No.124/Coch/2017. 6 M/s.Thomson Metals. There is also

ABC BUILDWARES INDIA(P) LIMITED,KANNUR vs. ACIT, CENTRAL CIRCLE-1, KOZHIKODE

In the result, appeal of the assessee is hereby dismissed

ITA 454/COCH/2024[2017-2018]Status: DisposedITAT Cochin20 Dec 2024AY 2017-2018

Bench: Shri Waseem Ahmed & Shri Soundararajan K

Section 250

27-02-2020 at the showroom of the assessee, namely ABC Emporio in Kannur and ABC Sales Corporation in Taliparamba, a discrepancy in stock was found. The difference was observed between the stock recorded in the accounting software and the actual physical stock. The details of the stock difference are as follows: Showroom Actual as per Excel As per Tally

ABC BUILDWARES(P) LIMITED,KANNUR vs. ACIT, CENTRAL CIRCLE-1`, KOZHIKODE

In the result, appeal of the assessee is hereby dismissed

ITA 455/COCH/2024[2018-2019]Status: DisposedITAT Cochin20 Dec 2024AY 2018-2019

Bench: Shri Waseem Ahmed & Shri Soundararajan K

Section 250

27-02-2020 at the showroom of the assessee, namely ABC Emporio in Kannur and ABC Sales Corporation in Taliparamba, a discrepancy in stock was found. The difference was observed between the stock recorded in the accounting software and the actual physical stock. The details of the stock difference are as follows: Showroom Actual as per Excel As per Tally

RUCHIT PARIMAL ASHAR,SANALA ROAD, MORBI vs. ACIT CENTRAL CIRCLE-1, CALICUT

In the result, appeal of the assessee is hereby dismissed

ITA 505/COCH/2024[2018-19]Status: DisposedITAT Cochin20 Dec 2024AY 2018-19

Bench: Shri Waseem Ahmed & Shri Soundararajan K

Section 250

27-02-2020 at the showroom of the assessee, namely ABC Emporio in Kannur and ABC Sales Corporation in Taliparamba, a discrepancy in stock was found. The difference was observed between the stock recorded in the accounting software and the actual physical stock. The details of the stock difference are as follows: Showroom Actual as per Excel As per Tally

K.ABDUL VAHEED,TALIPARAMBA vs. ACIT CENTRAL CIRCLE-1, , KOZHIKODE

In the result, appeal of the assessee is hereby dismissed

ITA 502/COCH/2024[2018-19]Status: DisposedITAT Cochin20 Dec 2024AY 2018-19

Bench: Shri Waseem Ahmed & Shri Soundararajan K

Section 250

27-02-2020 at the showroom of the assessee, namely ABC Emporio in Kannur and ABC Sales Corporation in Taliparamba, a discrepancy in stock was found. The difference was observed between the stock recorded in the accounting software and the actual physical stock. The details of the stock difference are as follows: Showroom Actual as per Excel As per Tally

A B C SALES CORPORATION ,KANNUR vs. ITO, CIRCLE-1, KANNUR

In the result, appeal of the assessee is hereby dismissed

ITA 404/COCH/2024[2017-2018]Status: DisposedITAT Cochin20 Dec 2024AY 2017-2018

Bench: Shri Waseem Ahmed & Shri Soundararajan K

Section 250

27-02-2020 at the showroom of the assessee, namely ABC Emporio in Kannur and ABC Sales Corporation in Taliparamba, a discrepancy in stock was found. The difference was observed between the stock recorded in the accounting software and the actual physical stock. The details of the stock difference are as follows: Showroom Actual as per Excel As per Tally

KAKKOTTAKATH NADUVILAPURAYIL JUNAID,KANNUR vs. ACIT, CENTRAL CIRCLE-1, KOZHIKODE

In the result, appeal of the assessee is hereby dismissed

ITA 499/COCH/2024[2019-2020]Status: DisposedITAT Cochin20 Dec 2024AY 2019-2020

Bench: Shri Waseem Ahmed & Shri Soundararajan K

Section 250

27-02-2020 at the showroom of the assessee, namely ABC Emporio in Kannur and ABC Sales Corporation in Taliparamba, a discrepancy in stock was found. The difference was observed between the stock recorded in the accounting software and the actual physical stock. The details of the stock difference are as follows: Showroom Actual as per Excel As per Tally

K.ABDUL VAHEED,TALIPARAMBA vs. ACIT(CENTRAL CIRCLE-1), KOZHIKODE

In the result, appeal of the assessee is hereby dismissed

ITA 501/COCH/2024[2017-18]Status: DisposedITAT Cochin20 Dec 2024AY 2017-18

Bench: Shri Waseem Ahmed & Shri Soundararajan K

Section 250

27-02-2020 at the showroom of the assessee, namely ABC Emporio in Kannur and ABC Sales Corporation in Taliparamba, a discrepancy in stock was found. The difference was observed between the stock recorded in the accounting software and the actual physical stock. The details of the stock difference are as follows: Showroom Actual as per Excel As per Tally

KAKKOTTAKATH NADUVILAPURAYIL JUNAID,KANNUR vs. ACIT, CENTRAL CIRCLE-1, KOZHIKODE

In the result, appeal of the assessee is hereby dismissed

ITA 497/COCH/2024[2017-2018]Status: DisposedITAT Cochin20 Dec 2024AY 2017-2018

Bench: Shri Waseem Ahmed & Shri Soundararajan K

Section 250

27-02-2020 at the showroom of the assessee, namely ABC Emporio in Kannur and ABC Sales Corporation in Taliparamba, a discrepancy in stock was found. The difference was observed between the stock recorded in the accounting software and the actual physical stock. The details of the stock difference are as follows: Showroom Actual as per Excel As per Tally

KAKKOTTAKATH NADUVILAPURAYIL JUNAID,KANNUR vs. ACIT, CENTRAL CIRCLE-1, KOZHIKODE

In the result, appeal of the assessee is hereby dismissed

ITA 498/COCH/2024[2018-2019]Status: DisposedITAT Cochin20 Dec 2024AY 2018-2019

Bench: Shri Waseem Ahmed & Shri Soundararajan K

Section 250

27-02-2020 at the showroom of the assessee, namely ABC Emporio in Kannur and ABC Sales Corporation in Taliparamba, a discrepancy in stock was found. The difference was observed between the stock recorded in the accounting software and the actual physical stock. The details of the stock difference are as follows: Showroom Actual as per Excel As per Tally

KAKKOTTAKATH NADUVILAPURAYIL JUNAID,KANNUR vs. ACIT, CENTRAL CIRCLE-1, KOZHIKODE

In the result, appeal of the assessee is hereby dismissed

ITA 500/COCH/2024[2020-2021]Status: DisposedITAT Cochin20 Dec 2024AY 2020-2021

Bench: Shri Waseem Ahmed & Shri Soundararajan K

Section 250

27-02-2020 at the showroom of the assessee, namely ABC Emporio in Kannur and ABC Sales Corporation in Taliparamba, a discrepancy in stock was found. The difference was observed between the stock recorded in the accounting software and the actual physical stock. The details of the stock difference are as follows: Showroom Actual as per Excel As per Tally

KODIYIL MUHAMMED MADANI, PARTNER (ABC SALES CORPORATION),TALIPARAMBA vs. ACIT CENTRAL CIRCLE-1, CALICUT

In the result, appeal of the assessee is hereby dismissed

ITA 524/COCH/2024[2017-18]Status: DisposedITAT Cochin20 Dec 2024AY 2017-18

Bench: Shri Waseem Ahmed & Shri Soundararajan K

Section 250

27-02-2020 at the showroom of the assessee, namely ABC Emporio in Kannur and ABC Sales Corporation in Taliparamba, a discrepancy in stock was found. The difference was observed between the stock recorded in the accounting software and the actual physical stock. The details of the stock difference are as follows: Showroom Actual as per Excel As per Tally

ABC SALES CORPORATION,KANNUR vs. ACIT, CENTRAL CIRCLE-1, KOZHIKODE

In the result, appeal of the assessee is hereby dismissed

ITA 457/COCH/2024[2019-2020]Status: DisposedITAT Cochin20 Dec 2024AY 2019-2020

Bench: Shri Waseem Ahmed & Shri Soundararajan K

Section 250

27-02-2020 at the showroom of the assessee, namely ABC Emporio in Kannur and ABC Sales Corporation in Taliparamba, a discrepancy in stock was found. The difference was observed between the stock recorded in the accounting software and the actual physical stock. The details of the stock difference are as follows: Showroom Actual as per Excel As per Tally

MUAHAMMED JABIR,TALIPARAMBA vs. ACIT< CENTRAL CIRCLE-1, KOZHIKODE

In the result, appeal of the assessee is hereby dismissed

ITA 522/COCH/2024[2020-21]Status: DisposedITAT Cochin20 Dec 2024AY 2020-21

Bench: Shri Waseem Ahmed & Shri Soundararajan K

Section 250

27-02-2020 at the showroom of the assessee, namely ABC Emporio in Kannur and ABC Sales Corporation in Taliparamba, a discrepancy in stock was found. The difference was observed between the stock recorded in the accounting software and the actual physical stock. The details of the stock difference are as follows: Showroom Actual as per Excel As per Tally

KODIYIL MUHAMMED MADANI, PARTNER(ABC SALAES CORPORATION),TALIPARAMBA vs. ACIT , CENTRAL CIRCLE-1, KOZHIKODE

In the result, appeal of the assessee is hereby dismissed

ITA 523/COCH/2024[2013-14]Status: DisposedITAT Cochin20 Dec 2024AY 2013-14

Bench: Shri Waseem Ahmed & Shri Soundararajan K

Section 250

27-02-2020 at the showroom of the assessee, namely ABC Emporio in Kannur and ABC Sales Corporation in Taliparamba, a discrepancy in stock was found. The difference was observed between the stock recorded in the accounting software and the actual physical stock. The details of the stock difference are as follows: Showroom Actual as per Excel As per Tally

KODIYIL MUHAMMED MADANI PARTNER, ABC SALES CORPORATION,TALIPARAMBA vs. ACIT, CENTRAL CIRCLE-1, KOZHIKODE

In the result, appeal of the assessee is hereby dismissed

ITA 836/COCH/2024[2019-20]Status: DisposedITAT Cochin20 Dec 2024AY 2019-20

Bench: Shri Waseem Ahmed & Shri Soundararajan K

Section 250

27-02-2020 at the showroom of the assessee, namely ABC Emporio in Kannur and ABC Sales Corporation in Taliparamba, a discrepancy in stock was found. The difference was observed between the stock recorded in the accounting software and the actual physical stock. The details of the stock difference are as follows: Showroom Actual as per Excel As per Tally

KODIYIL MUHAMMED MADANI PARTNER, ABC SALES CORPORATION,TALIPARAMBA vs. ACIT, CENTRAL CIRCLE-1, KOZHIKODE

In the result, appeal of the assessee is hereby dismissed

ITA 835/COCH/2024[2018-19]Status: DisposedITAT Cochin20 Dec 2024AY 2018-19

Bench: Shri Waseem Ahmed & Shri Soundararajan K

Section 250

27-02-2020 at the showroom of the assessee, namely ABC Emporio in Kannur and ABC Sales Corporation in Taliparamba, a discrepancy in stock was found. The difference was observed between the stock recorded in the accounting software and the actual physical stock. The details of the stock difference are as follows: Showroom Actual as per Excel As per Tally