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1 result for “bogus purchases”+ Section 40A(3)(a)clear

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SRI.C.SHAJI,TRIVANDRUM vs. THE ITO, WARD-2(1), TRIVNDRUM

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

ITA 505/COCH/2017[2013-14]Status: DisposedITAT Cochin20 Sept 2019AY 2013-14

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

For Appellant: Dr.Pradeep K.P., AdvocateFor Respondent: Smt.A.S.Bindhu, Sr.DR

bogus 6 Sri.C.Shaji. purchases. Accordingly, this ground raised by the assessee is dismissed. 9. The next issue for our consideration reads as follow:- “The disallowance of Rs.2,81,63,141/- as cash purchase in excess of Rs.20,000/- citing the provisions of Section 40A(3