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4 results for “bogus purchases”+ Section 24clear

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Key Topics

Addition to Income4Section 69A3Section 40A(3)3Section 143(3)2Section 44B2Section 69C2Disallowance2

AMRIT VARSHA UDYOG LTD,KOTDWAR vs. DCIT CIRCLE 1, DEHRADUN

In the result, the Appeal of the Assessee is dismissed

ITA 2/DDN/2025[2018-19]Status: DisposedITAT Dehradun23 Dec 2025AY 2018-19

Bench: Sh. Yogesh Kumar U.S. & Sh. Manish Agarwal

For Appellant: NoneFor Respondent: Sh. A. S. Rana, Sr. DR
Section 147Section 148Section 69C

24,405/- towards the bogus purchases.” 3. Aggrieved by the assessment order, Assessee preferred an Appeal before the ld. CIT(A). The ld. CIT(A) vide order dated 18.11.2024, confirmed the addition made on account of purchase from M/s Delhi Steel Trading Co. and M/s New India Traders of Rs.15,10,506/- and Rs.53,00,074/-, respectively. Aggrieved

DEPUTY COMMISSIONER OF INCOME TAX (CENTRAL CIRCLE), DEHRADUN, DEHRADUN vs. STONEFIELD CONSTRUCTION, DEHRADUN, DEHRADUN

In the result, appeal of the Revenue is partly allowed

ITA 215/DDN/2025[2023-24]Status: DisposedITAT Dehradun08 Apr 2026AY 2023-24
Section 115BSection 133ASection 139Section 143(3)Section 250Section 250(2)Section 40A(3)Section 40aSection 69ASection 69C

24,865/- towards purchases made from Two parties namely, M/s. Raj Lubricants and M/s. Paras Enterprises of INR 18,21,966/- and INR 15,02,899/- respectively holding as bogus. 7. Before us, Ld. CIT DR for the Revenue submits that during the course of assessment proceedings, assessee has failed to prove the genuineness of the purchases made from these

ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-1(1)(1), DEHRADUN, DEHRADUN vs. CHAKRATA FIRST AND ASSOCIATES, JAIPUR

Appeal is dismissed

ITA 92/DDN/2023[2017-18]Status: DisposedITAT Dehradun23 May 2025AY 2017-18

Bench: Shri Satbeer Singh Godara & Shri M. Balaganesh(Through Video Conferencing) Assessment Year: 2017-18 Acit, Vs. Chakrata First & Circle-1(1)(1), Associates, C/O- Amit Tak 41 Dehradun Sanjay Marg, Hathori Fort, Jaipur, Rajasthan Pan: Aalfc2896B (Appellant) (Respondent) Assessee By Sh. S.K. Ahuja, Ar Department By Sh. Amar Pal Singh, Sr. Dr

Section 145(3)Section 69A

purchase and sale, the net loss declared by the assessee at 3.67% is not acceptable. Thus, the AO held that to cover all possible leakages, the net profit rate of 10% will be justifiable. Therefore, in the absence of books of accounts, bills, vouchers, the net profit at 10% of gross receipts or turnover

MB PETROLEUM SERVICES LLC,MUMBAI vs. DDIT, DEHRADUN

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

ITA 1828/DEL/2015[2011-12]Status: DisposedITAT Dehradun15 Sept 2023AY 2011-12

Bench: Shri Saktijit Dey & Shri M. Balaganeshmb Petroleum Services Llc, Vs. Ddit, Kirtane & Pandit, H-16, Circle-1, Saraswati Colony, Sitaldevi International Taxation, Temple Road, Mahim, Dehradun Mumbai (Appellant) (Respondent) Pan: Aaecm2604H

For Appellant: Smt Shashi M. Kapila, AdvFor Respondent: Sh. Mayank Kumar, JCIT, DR
Section 143(3)Section 32Section 44B

Purchase” a sum of Rs. 3,07,19,295/- has been debited by the assessee in the profit and loss account. Out of this, the ld AO observed that the assessee could not produce the invoices for Rs. 67,33,505/- and accordingly, proceeded to disallow the same as not allowable expenses