SMT. SAPNA GUPTA,HARIDWAR vs. THE PRINCIPAL COMMISSIONER OF INCOEM TAX, DEHRADUN

In the result, the appeal of the assessee is dismissed

Bench: Shri Saktijit Dey & Shri M. Balaganeshassessment Year: 2009-10 Smt. Sapna Gupta, Vs The Pr. Cit, 299, Awas Vikas Colony, Dehradun. Vivek Vihar, Haridwar – 249 407, Uttarakhand. Pan: Acspg4083D (Appellant) (Respondent) Assessee By : Shri Rohit Jain, Advocate & Ms Deepashri Rao, Ca Revenue By : Shri N.S. Jangpangi, Cit, Dr Date Of Hearing : 27.04.2023 Date Of Pronouncement : 08.06.2023 Order Per M. Balaganesh, Am: This Appeal In Ita No.16/Ddn/2021 For Ay 2009-10 Arises Out Of The Order Of The Pr. Commissioner Of Income Tax (Appeals), Dehradun, [Hereinafter Referred To As „Ld. Pcit‟, In Short] In Din & Order No. Itba/Rev/F/Rev5/2020- 21/1031815348(1) Dated 27.03.2021 Against The Order Of Assessment Passed U/S 148/147 R.W.S. 143(3) Of The Income-Tax Act, 1961 (Hereinafter Referred To As „The Act‟) Dated 26Th/28Th December, 2018 By The Ld. Assessing Officer, Ward 1(3)(3), Haridwar (Hereinafter Referred To As „Ld. Ao‟). 2. The Only Issue To Be Decided In This Appeal Is As To Whether The Ld. Pcit Was Justified In Invoking Revisionary Jurisdiction U/S 263 Of The Act In Respect Of Disallowance Of Purchases Of Rs 33,35,500/- In The Facts & Circumstances Of The Instant Case.

147 r.w.s 143(3) of the Act is erroneous and prejudicial to the interests of Revenue on the issue of alleged bogus „purchases‟ made from one M/s Meet Enterprises. 2 2.1. That the PCIT exceeded his jurisdiction in setting aside the reassessment order on the issue of alleged bogus „purchases‟ from M/s Meet Enterprises, despite the fact that the issue

SHRI VIBHU GROVER,KOTDWARA vs. PCIT, DEHRADUN

In the result appeal of the assessee is allowed

Bench: Shri Yogesh Kumar U.S. & Shri Manish Agarwalvibhu Grover, Pcit, M/S Grover Sales Corporation, Dehradun. Garage Road, Kotdwara, Vs. Pauri-246169 Pan:Agdpg5842R (Appellant) (Respondent) Assessee By Shri Anil Jain, Adv. Department By Shri S.K. Chaterjee, Cit-Dr

bogus purchases from proprietorship firms of Sh. Manoj Kumar, Dayanand Parasar and Sh. Pawan Mishra. Thereafter, the during the course of reassessment proceeding, it is found that assessee has not entered into any transactions with these three persons and accordingly, the income declared by the assessee was accepted in terms of the reassessment order passed u/s 147

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

In the result, the Appeal of the Assessee is dismissed

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

u/s. 147 of the IT Act on the issue of bogus purchases made to the extent of Rs. 49,13,825/- from M/s Shri) Ganpati Enterprises, Rs. Rs.15,10,506/- from M/s Delhi Steel Trading Co. and Rs.53,00,074/- from M/s New India Traders. During the course of the 2nd reassessment

REGALIA JEWELS PRIVATE LIMITED ,NEW DELHI vs. DCIT -ACIT CEN CIR DDN, DEHRADUN

In the result, the appeal of the assessee is allowed

Bench: Shri Satbeer Singh Godara & Shri M. Balaganesh(Through Video Conferencing) Regalia Jewels Pvt. Ltd, Vs. Dcit/Acit, Shop No. 05, Dlf Shopping Central Circle, Complex, Near Savitri Dehradun Cinema, Gk-2, Delhi- 110048 (Appellant) (Respondent) Pan:Aaccr9572R Assessee By : Shri D. C. Agarwal, Adv Revenue By: Shri A. S. Rana, Sr. Dr Date Of Hearing 21/03/2025 Date Of Pronouncement 09/04/2025

bogus purchase bills. Since, the reopening is based on incorrect assumption of fact, the same becomes fatal to entire assumption of jurisdiction u/s 147 of the Act and hence, we have no hesitation to quash the reassessment

AJAY GARG,DEHRADUN vs. ACIT CENTRAL CIRCLE DEHRADUN, DEHRADUN

In the result, appeal of the assessee is partly allowed

bogus purchases. It is also seen that\nassessee in reply to the said notice had filed a detailed reply on 24th\nMarch, 2020 which was sent through email to the AO, however, such reply\nwas not considered and the order was passed u/s 148A(d) recording the\nsatisfaction that it is a fit case for issue of notice u/s