VESTIGE MARKETING PVT LTD,DELHI vs. DCIT CENTRAL CIRCLE -05 , DELHI

Bench: Shri Before Shri Satbeer Singh Godarabefore Shri Before Shri Satbeer Singh Godarasatbeer Singh Godara & Satbeer Singh Godara & And & Shri Naveen Chandra Shri Naveen Chandra, , , Shri Naveen Chandra Shri Naveen Chandra

bogus purchase disallowance/addition of `13,52,382/- as well whereas the Revenue’s twin substantive grounds seek to uphold the same in entirety along with Section 69A addition of `40,18,132/- hereinabove (supra). 4

ACIT, CENTRAL CIRCLE- 26, NEW DELHI vs. GD FOODS MANUFACTURING (INDIA) PVT. LTD., NEW DELHI

The appeal of the revenue is dismissed

Bench: Shri Prashant Maharishi & Shri K. N. Chary

4,96,44,574/– and therefore same was added to the income of the assessee. 11. The assessee contested the above addition before the learned CIT(A). Many contentions were raised. However, the learned CIT A rejected all of them and stated that the fact remains that the documents relating to bogus purchases are found and seized from the business

ACIT, CENTRAL CIRCLE- 26, NEW DELHI vs. GD FOODS MANUFACTURING (INDIA) PVT. LTD., NEW DELHI

The appeal of the revenue is dismissed

Bench: Shri Prashant Maharishi & Shri K. N. Chary

4,96,44,574/– and therefore same was added to the income of the assessee. 11. The assessee contested the above addition before the learned CIT(A). Many contentions were raised. However, the learned CIT A rejected all of them and stated that the fact remains that the documents relating to bogus purchases are found and seized from the business

GD FOODS MANUFACTURING (INDIA) PVT. LTD.,NEW DELHI vs. ACIT, CENTRAL CIRCLE- 26, NEW DELHI

The appeal of the revenue is dismissed

Bench: Shri Prashant Maharishi & Shri K. N. Chary

4,96,44,574/– and therefore same was added to the income of the assessee. 11. The assessee contested the above addition before the learned CIT(A). Many contentions were raised. However, the learned CIT A rejected all of them and stated that the fact remains that the documents relating to bogus purchases are found and seized from the business

GD FOODS MANUFACTURING (INDIA) PVT. LTD.,NEW DELHI vs. ACIT, CENTRAL CIRCLE- 26, NEW DELHI

The appeal of the revenue is dismissed

Bench: Shri Prashant Maharishi & Shri K. N. Chary

4,96,44,574/– and therefore same was added to the income of the assessee. 11. The assessee contested the above addition before the learned CIT(A). Many contentions were raised. However, the learned CIT A rejected all of them and stated that the fact remains that the documents relating to bogus purchases are found and seized from the business

ACIT, CENTRAL CIRCLE- 26, NEW DELHI vs. GD FOODS MANUFACTURING (INDIA) PVT. LTD., NEW DELHI

The appeal of the revenue is dismissed

Bench: Shri Prashant Maharishi & Shri K. N. Chary

4,96,44,574/– and therefore same was added to the income of the assessee. 11. The assessee contested the above addition before the learned CIT(A). Many contentions were raised. However, the learned CIT A rejected all of them and stated that the fact remains that the documents relating to bogus purchases are found and seized from the business

GD FOODS MANUFACTURING (INDIA) PVT. LTD.,NEW DELHI vs. ACIT, CENTRAL CIRCLE- 26, NEW DELHI

The appeal of the revenue is dismissed

Bench: Shri Prashant Maharishi & Shri K. N. Chary

4,96,44,574/– and therefore same was added to the income of the assessee. 11. The assessee contested the above addition before the learned CIT(A). Many contentions were raised. However, the learned CIT A rejected all of them and stated that the fact remains that the documents relating to bogus purchases are found and seized from the business

GD FOODS MANUFACTURING (INDIA) PVT. LTD.,NEW DELHI vs. ACIT, CENTRAL CIRCLE- 26, NEW DELHI

The appeal of the revenue is dismissed

Bench: Shri Prashant Maharishi & Shri K. N. Chary

4,96,44,574/– and therefore same was added to the income of the assessee. 11. The assessee contested the above addition before the learned CIT(A). Many contentions were raised. However, the learned CIT A rejected all of them and stated that the fact remains that the documents relating to bogus purchases are found and seized from the business

ACIT, CENTRAL CIRCLE- 26, NEW DELHI vs. GD FOODS MANUFACTURING (INDIA) PVT. LTD., NEW DELHI

The appeal of the revenue is dismissed

Bench: Shri Prashant Maharishi & Shri K. N. Chary

4,96,44,574/– and therefore same was added to the income of the assessee. 11. The assessee contested the above addition before the learned CIT(A). Many contentions were raised. However, the learned CIT A rejected all of them and stated that the fact remains that the documents relating to bogus purchases are found and seized from the business

ACIT, CENTRAL CIRCLE- 26, NEW DELHI vs. GD FOODS MANUFACTURING (INDIA) PVT. LTD., NEW DELHI

The appeal of the revenue is dismissed

Bench: Shri Prashant Maharishi & Shri K. N. Chary

4,96,44,574/– and therefore same was added to the income of the assessee. 11. The assessee contested the above addition before the learned CIT(A). Many contentions were raised. However, the learned CIT A rejected all of them and stated that the fact remains that the documents relating to bogus purchases are found and seized from the business

GD FOODS MANUFACTURING (INDIA) PVT. LTD.,NEW DELHI vs. ACIT, CENTRAL CIRCLE- 26, NEW DELHI

The appeal of the revenue is dismissed

Bench: Shri Prashant Maharishi & Shri K. N. Chary

4,96,44,574/– and therefore same was added to the income of the assessee. 11. The assessee contested the above addition before the learned CIT(A). Many contentions were raised. However, the learned CIT A rejected all of them and stated that the fact remains that the documents relating to bogus purchases are found and seized from the business

GD FOODS MANUFACTURING (INDIA) PVT. LTD.,NEW DELHI vs. ACIT, CENTRAL CIRCLE- 26, NEW DELHI

The appeal of the revenue is dismissed

Bench: Shri Prashant Maharishi & Shri K. N. Chary

4,96,44,574/– and therefore same was added to the income of the assessee. 11. The assessee contested the above addition before the learned CIT(A). Many contentions were raised. However, the learned CIT A rejected all of them and stated that the fact remains that the documents relating to bogus purchases are found and seized from the business

ACIT, CENTRAL CIRCLE- 26, NEW DELHI vs. GD FOODS MANUFACTURING (INDIA) PVT. LTD., NEW DELHI

The appeal of the revenue is dismissed

Bench: Shri Prashant Maharishi & Shri K. N. Chary

4,96,44,574/– and therefore same was added to the income of the assessee. 11. The assessee contested the above addition before the learned CIT(A). Many contentions were raised. However, the learned CIT A rejected all of them and stated that the fact remains that the documents relating to bogus purchases are found and seized from the business

GD FOODS MANUFACTURING (INDIA) PVT. LTD.,NEW DELHI vs. ACIT, CENTRAL CIRCLE- 26, NEW DELHI

The appeal of the revenue is dismissed

Bench: Shri Prashant Maharishi & Shri K. N. Chary

4,96,44,574/– and therefore same was added to the income of the assessee. 11. The assessee contested the above addition before the learned CIT(A). Many contentions were raised. However, the learned CIT A rejected all of them and stated that the fact remains that the documents relating to bogus purchases are found and seized from the business

ACIT, CENTRAL CIRCLE-15, NEW DELHI vs. LUXMAN BUILDERS PVT. LTD., NEW DELHI

In the result, the CO filed by the assessee is allowed and the appeal filed by the Revenue is dismissed

Bench: Shri R.K. Panda & Shri Kul Bharatassessment Year: 2010-11 Acit, Vs Lumax Builders Pvt. Ltd., Central Circle-15, 25, Bazar Lane, New Delhi. Bengali Market, New Delhi. Pan: Aaacl2184R Co No.93/Del/2018 (Ita No.817/Del/2018) Assessment Year: 2010-11 Lumax Builders Pvt. Ltd., Vs. Acit, 25, Bazar Lane, Central Circle-15, Bengali Market, New Delhi New Delhi. Pan: Aaacl2184R (Appellant) (Respondent) Assessee By : Shri Gautam Jain, Advocate & Shri Lalit Mohan, Advocate Revenue By : Ms Paramita M. Biswas, Cit, Dr Date Of Hearing : 16.09.2021 Date Of Pronouncement : 14.12.2021 Order Per R.K. Panda, Am: This Appeal Filed By The Revenue Is Directed Against The Order Dated 3Rd November, 2017 Of The Cit(A)-26, New Delhi, Relating To Assessment Year 2010- 11. Co No.93/Del/2018 2. The Assessee Has Filed The Co Against The Appeal Filed By The Revenue. For The Sake Of Convenience, These Were Heard Together & Are Being Disposed Of By This Common Order.

132(4) and post-search enquiry and no incriminating material was found/seized during the course of search, therefore, following the decisions cited (supra), we hold that no addition could have been made u/s 153A since the assessment was not abated in the instant case. In view of the above, we hold that the ld. CIT(A) was not justified

VESTIGE MARKETING PVT LTD,NEW DELHI vs. DCIT, CENTRAL CIRCLE- 05, DELHI

bogus purchase\ndisallowance/addition of ₹13,52,382/- as well whereas the Revenue's\ntwin substantive grounds seek to uphold the same in entirety along\nwith Section 69A addition of ₹40,18,132/- hereinabove (supra).\n4. We have given our thoughtful consideration to the assessee and\nRevenue's vehement submissions reiterating their respective stands.\nLearned Counsel representing assessee has filed

VESTIGE MARKETING PVT LTD,DELHI vs. DCIT CENTRAL CIRCLE-05, DELHI

bogus purchase\ndisallowance/addition of ₹13,52,382/- as well whereas the Revenue's\ntwin substantive grounds seek to uphold the same in entirety along\nwith Section 69A addition of ₹40,18,132/- hereinabove (supra).\n4. We have given our thoughtful consideration to the assessee and\nRevenue's vehement submissions reiterating their respective stands.\nLearned Counsel representing assessee has filed

DEPUTY COMMISSIONER OF INCOME TAX, DELHI vs. M/S VESTIGE MARKETING PRIVATE LIMITED, DELHI

bogus purchase\ndisallowance/addition of ₹13,52,382/- as well whereas the Revenue's\ntwin substantive grounds seek to uphold the same in entirety along\nwith Section 69A addition of ₹40,18,132/- hereinabove (supra).\n4. We have given our thoughtful consideration to the assessee and\nRevenue's vehement submissions reiterating their respective stands.\nLearned Counsel representing assessee has filed