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3 results for “bogus purchases”+ Section 22Aclear

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Section 12A18Section 686Section 127(2)5Section 1322Section 13(1)(c)2Section 133(6)2Section 115B2Section 1272Addition to Income2

SUNIL GUPTA,DELHI vs. ACIT, CIRCLE-55(1), NEW DELHI

In the result, the appeal of the assessee in ITA No

ITA 634/DEL/2020[2012-13]Status: DisposedITAT Delhi21 Feb 2025AY 2012-13

Bench: Shri Vikas Awasthy & Shri Naveen Chandraadvantage India Vs. The Pr. C.I.T 101-102, Oriental House Central - 2 Gulmohar Enclave New Delhi New Delhi

For Appellant: Shri Sanjay Mehra, FCAFor Respondent: Shri Javed Akhtar, CIT [DR]
Section 127Section 127(2)Section 12ASection 13(1)(c)

22A), (22B), (23), (23A), (23AAA), (23B), (23C), (23F), (23FA), (24), (46) and (47) of section 10, section 11, section 12, section 13A and section 13B of the Income-tax Act, 1961 and assessed ог assessable by an Income-tax authority at serial Page 4 of 61 Advantage India Vs.PC.I.T numbers 88 to 111 specified in the notification of Government

LAKHMI CHAND CHARITABLE SOCIETY,NEW DELHI vs. PCIT CENTRAL 3, NEW DELHI

ITA 1803/DEL/2024[-]Status: DisposedITAT Delhi22 Aug 2024

Bench: Shri S. Rifaur Rahman & Ms.Madhumita Roylakhmi Chand Vs. Principal Commissioner Charitable Society, Of Income Tax, Central-3 Elephanta Lane, Behind Room No. 325, 3Rd Floor, Sector-10/6 Market, New Income Tax Building, E-3 Golak Dham, Sector-10, Ara Centre, Jhandewalan Dwarka, Extension, New Delhi - 110075 New Delhi - 110055

For Appellant: Sh. Ajay Vohra, Sr.AdvFor Respondent: Sh. Subhra Jyoti Chakraborty
Section 11(1)(a)Section 11(1)(d)Section 12(1)Section 127(2)Section 12ASection 12A(1)(ac)Section 13(1)(c)Section 132Section 246ASection 80G

purchase committee of the school was found on the same as laid down in SOP of the school. (Pg 73)  Comparison of these bills with genuine bills also reveals that genuine bills had multi-level verification. (Pg 73)  Sanjay Kumar in his statement dt.18.10.2020has stated that all the bills procured from parties whose expenses have been booked under various ledgers

VACHITRA BUILDERS PVT LTD ,NEW DELHI vs. ITO WARD - 26(1), NEW DELHI

In the result, the appeal of the assessee is allowed

ITA 8148/DEL/2019[2015-16]Status: DisposedITAT Delhi20 Jun 2023AY 2015-16

Bench: Shri G. S. Pannua N D Shri Challa Nagendra Prasad

For Appellant: Shri Shyam Sunder, Adv
Section 115BSection 131Section 133(6)Section 143(3)Section 68

bogus creation. The AO has conducted proper enquiry u/s 133(6), 131 and by deputing the ITI also who had furnished his report which have been incorporated in the assessment order. Even in those cases where the notice was served, no reply was received. Further, the AO also asked the assessee to produce the Principal Officers/Persons of the lender companies