DCIT, CENTRAL CIRCLE- 19, NEW DELHI vs. AMQ AGRO INDIA PVT. LTD., NEW DELHI

In the result, both the appeals of the assessee are partly allowed and both the appeals of the revenue are dismissed

Bench: Sh. H. S. Sidhudr. B. R. R. Kumar(Through Video Conferencing) Ita No. 2805/Del/2018 : Asstt. Year : 2013-14 Ita No. 2806/Del/2018 : Asstt. Year : 2014-15 M/S Amq Agro India Pvt. Ltd. Vs Asstt. Commissioner Of Income C-134, Ground Floor, Defence Tax, Central Circle-19, Colony, New Delhi-110024 New Delhi (Appellant) (Respondent) Pan No. Aaeca0929M

bogus purchases amounting to Rs.21,94,53,432/- disallowed by the AO by rejecting the submission of the appellant company made during the course of appellate proceedings. 2.1 That the Ld CIT (A) has erred in holding that the facts of the appellant case are similar to the facts of the judgments given by the Hon'ble Supreme court

ACIT, CENTRAL CIRCLE- 19, NEW DELHI vs. AMQ AGRO INDIA PVT. LTD., NEW DELHI

In the result, both the appeals of the assessee are partly allowed and both the appeals of the revenue are dismissed

Bench: Sh. H. S. Sidhudr. B. R. R. Kumar(Through Video Conferencing) Ita No. 2805/Del/2018 : Asstt. Year : 2013-14 Ita No. 2806/Del/2018 : Asstt. Year : 2014-15 M/S Amq Agro India Pvt. Ltd. Vs Asstt. Commissioner Of Income C-134, Ground Floor, Defence Tax, Central Circle-19, Colony, New Delhi-110024 New Delhi (Appellant) (Respondent) Pan No. Aaeca0929M

bogus purchases amounting to Rs.21,94,53,432/- disallowed by the AO by rejecting the submission of the appellant company made during the course of appellate proceedings. 2.1 That the Ld CIT (A) has erred in holding that the facts of the appellant case are similar to the facts of the judgments given by the Hon'ble Supreme court

M/S FIREPRO WIRELESS & TECHNOLOGIES PVT. LTD.,,NEW DELHI vs. ACIT, NEW DELHI

In the result, the appeal filed by the assessee is allowed

bogus purchase is called for especially in absence of any incriminating material found during the course of search for the impugned assessment year. In this view of the matter, we set aside the order of the CIT(A) and direct the AO to delete the addition. 11. In grounds No.2 to 4, the assessee has challenged the disallowance of Rs.1

MANJU SHARMA,NEW DELHI vs. ITO WARD - 45(5), NEW DELHI

In the result, the appeal filed by the assessee is partly allowed

Bench: Shri R.K. Panda & Ms Suchitra Kambleassessment Year: 2014-15 Manju Sharma, Vs Ito, Wz-43B, Meenakshi Garden, Ward-45(5), New Delhi. New Delhi. Pan: Aatps2170A (Appellant) (Respondent) Assessee By : Shri Krishnan Sampath, Advocate Revenue By : Ms Rinku Singh, Sr. Dr Date Of Hearing : 03.11.2020 Date Of Pronouncement : 23.11.2020 Order Per R.K. Panda, Am: This Appeal Filed By The Assessee Is Directed Against The Order Dated 05.09.2019 Passed By The Ld. Cit(A)-15, New Delhi, Relating To Assessment Year 2014-15. 2. Facts Of The Case, In Brief, Are That The Assessee Is An Individual & Is Proprietor Of M/S Eastern Galaxy Which Is Engaged In The Business Of Export Of Handicrafts & Decorative Items. She Filed Her Return Of Income On 29.11.2014 Declaring Taxable Income Of Rs.47,10,000/-. The Case Of The Assessee Was Selected For Limited Scrutiny Under Cass With The Reason That There Is “Large Increase In Sundry Creditors With Respect To Turnover As Compared To Preceding Year.”

bogus liability against sundry creditors because the assessee could not substantiate the identity and credit worthiness of the sundry creditors and genuineness of the transactions. He submitted that while deciding the issue we 15 should go to the substance of the case and not the form of the case. The AO in the instant case has made extensive enquiries

DCIT, NEW DELHI vs. M/S PILOT INDUSTRIES LTD.,, NEW DELHI

In the result, all the five appeals filed by the learned assessing officer are dismissed

Bench: Ms Suchitra Kamble & Shri Prashant Maharishi(Through Video Conferencing)

bogus purchase bills by the assessee. 33. The revenue has relied upon the decision of honourable Delhi High Court in case of Anil Bhatia and Dayawanti has no application to the facts of the case as no incriminating material was found during the course of search on the assessee. Even in case of simultaneous search, the honourable Delhi High Court

DCIT, NEW DELHI vs. M/S PILOT INDUSTRIES LTD.,, NEW DELHI

In the result, all the five appeals filed by the learned assessing officer are dismissed

Bench: Ms Suchitra Kamble & Shri Prashant Maharishi(Through Video Conferencing)

bogus purchase bills by the assessee. 33. The revenue has relied upon the decision of honourable Delhi High Court in case of Anil Bhatia and Dayawanti has no application to the facts of the case as no incriminating material was found during the course of search on the assessee. Even in case of simultaneous search, the honourable Delhi High Court

DCIT, NEW DELHI vs. M/S PILOT INDUSTRIES LTD.,, NEW DELHI

In the result, all the five appeals filed by the learned assessing officer are dismissed

Bench: Ms Suchitra Kamble & Shri Prashant Maharishi(Through Video Conferencing)

bogus purchase bills by the assessee. 33. The revenue has relied upon the decision of honourable Delhi High Court in case of Anil Bhatia and Dayawanti has no application to the facts of the case as no incriminating material was found during the course of search on the assessee. Even in case of simultaneous search, the honourable Delhi High Court

DCIT, NEW DELHI vs. M/S PILOT INDUSTRIES LTD.,, NEW DELHI

In the result, all the five appeals filed by the learned assessing officer are dismissed

Bench: Ms Suchitra Kamble & Shri Prashant Maharishi(Through Video Conferencing)

bogus purchase bills by the assessee. 33. The revenue has relied upon the decision of honourable Delhi High Court in case of Anil Bhatia and Dayawanti has no application to the facts of the case as no incriminating material was found during the course of search on the assessee. Even in case of simultaneous search, the honourable Delhi High Court

DCIT, NEW DELHI vs. M/S PILOT INDUSTRIES LTD.,, NEW DELHI

In the result, all the five appeals filed by the learned assessing officer are dismissed

Bench: Ms Suchitra Kamble & Shri Prashant Maharishi(Through Video Conferencing)

bogus purchase bills by the assessee. 33. The revenue has relied upon the decision of honourable Delhi High Court in case of Anil Bhatia and Dayawanti has no application to the facts of the case as no incriminating material was found during the course of search on the assessee. Even in case of simultaneous search, the honourable Delhi High Court

AGSON GLOBAL PVT. LTD,DELHI vs. ACIT CC-28, NEW DELHI

Appeals of the assessee are partly allowed and 6 appeals of the ld AO are dismissed

Bench: Shri Bhavnesh Saini & Shri Prashant Maharishi

purchases, is non-existent in the present case. In the said case, there was a factual finding to the effect that the assessee were habitual offenders, indulging in clandestine operations whereas there is nothing in the present case, whatsoever, to suggest that any statement made by Mr. Anu Aggarwal or Mr. Harjeet Singh contained any such admission

ACIT, CENTRAL CIRCLE- 28 , NEW DELHI vs. AGSON GLOBAL PVT. LTD., DELHI

Appeals of the assessee are partly allowed and 6 appeals of the ld AO are dismissed

Bench: Shri Bhavnesh Saini & Shri Prashant Maharishi

purchases, is non-existent in the present case. In the said case, there was a factual finding to the effect that the assessee were habitual offenders, indulging in clandestine operations whereas there is nothing in the present case, whatsoever, to suggest that any statement made by Mr. Anu Aggarwal or Mr. Harjeet Singh contained any such admission

AGSON GLOBAL PVT. LTD,DELHI vs. ACIT CC-28, NEW DELHI

Appeals of the assessee are partly allowed and 6 appeals of the ld AO are dismissed

Bench: Shri Bhavnesh Saini & Shri Prashant Maharishi

purchases, is non-existent in the present case. In the said case, there was a factual finding to the effect that the assessee were habitual offenders, indulging in clandestine operations whereas there is nothing in the present case, whatsoever, to suggest that any statement made by Mr. Anu Aggarwal or Mr. Harjeet Singh contained any such admission

AGSON GLOBAL PVT. LTD,DELHI vs. ACIT CC-28, NEW DELHI

Appeals of the assessee are partly allowed and 6 appeals of the ld AO are dismissed

Bench: Shri Bhavnesh Saini & Shri Prashant Maharishi

purchases, is non-existent in the present case. In the said case, there was a factual finding to the effect that the assessee were habitual offenders, indulging in clandestine operations whereas there is nothing in the present case, whatsoever, to suggest that any statement made by Mr. Anu Aggarwal or Mr. Harjeet Singh contained any such admission

ACIT, CENTRAL CIRCLE- 28 , NEW DELHI vs. AGSON GLOBAL PVT. LTD., DELHI

Appeals of the assessee are partly allowed and 6 appeals of the ld AO are dismissed

Bench: Shri Bhavnesh Saini & Shri Prashant Maharishi

purchases, is non-existent in the present case. In the said case, there was a factual finding to the effect that the assessee were habitual offenders, indulging in clandestine operations whereas there is nothing in the present case, whatsoever, to suggest that any statement made by Mr. Anu Aggarwal or Mr. Harjeet Singh contained any such admission

ACIT, CENTRAL CIRCLE- 28 , NEW DELHI vs. AGSON GLOBAL PVT. LTD., DELHI

Appeals of the assessee are partly allowed and 6 appeals of the ld AO are dismissed

Bench: Shri Bhavnesh Saini & Shri Prashant Maharishi

purchases, is non-existent in the present case. In the said case, there was a factual finding to the effect that the assessee were habitual offenders, indulging in clandestine operations whereas there is nothing in the present case, whatsoever, to suggest that any statement made by Mr. Anu Aggarwal or Mr. Harjeet Singh contained any such admission

AGSON GLOBAL PVT. LTD,DELHI vs. ACIT CENTRAL CIRCLE-28, NEW DELHI

Appeals of the assessee are partly allowed and 6 appeals of the ld AO are dismissed

Bench: Shri Bhavnesh Saini & Shri Prashant Maharishi

purchases, is non-existent in the present case. In the said case, there was a factual finding to the effect that the assessee were habitual offenders, indulging in clandestine operations whereas there is nothing in the present case, whatsoever, to suggest that any statement made by Mr. Anu Aggarwal or Mr. Harjeet Singh contained any such admission

ACIT, CENTRAL CIRCLE- 28 , NEW DELHI vs. AGSON GLOBAL PVT. LTD., DELHI

Appeals of the assessee are partly allowed and 6 appeals of the ld AO are dismissed

Bench: Shri Bhavnesh Saini & Shri Prashant Maharishi

purchases, is non-existent in the present case. In the said case, there was a factual finding to the effect that the assessee were habitual offenders, indulging in clandestine operations whereas there is nothing in the present case, whatsoever, to suggest that any statement made by Mr. Anu Aggarwal or Mr. Harjeet Singh contained any such admission

ACIT, CENTRAL CIRCLE- 28 , NEW DELHI vs. AGSON GLOBAL PVT. LTD., DELHI

Appeals of the assessee are partly allowed and 6 appeals of the ld AO are dismissed

Bench: Shri Bhavnesh Saini & Shri Prashant Maharishi

purchases, is non-existent in the present case. In the said case, there was a factual finding to the effect that the assessee were habitual offenders, indulging in clandestine operations whereas there is nothing in the present case, whatsoever, to suggest that any statement made by Mr. Anu Aggarwal or Mr. Harjeet Singh contained any such admission