LILLIPUT KIDWEARS LTD.,NEW DELHI vs. DCIT, NEW DELHI
In the result, the appeal of the assessee is allowed for statistical purpose
ITA 4103/DEL/2016[2011-12]Status: DisposedITAT Delhi01 Aug 2022AY 2011-12
Bench: Sh. Saktijit Deydr. B. R. R. Kumarita No. 4103/Del/2016 : Asstt. Year : 2011-12 Lilliput Kidwears Ltd., Vs Dcit, D-95, Okhla Industrial Area, Circle-4(1), Phase-1, New Delhi-110020 New Delhi (Appellant) (Respondent) Pan No. Aaeca3031E Assessee By : None Revenue By : Sh. Manvendra Goyal, Cit Dr Date Of Hearing: 30.06.2022 Date Of Pronouncement: 01.08.2022
For Appellant: NoneFor Respondent: Sh. Manvendra Goyal, CIT DR
Section 133Section 142(1)Section 143(1)
bogus.
3.4. Keeping in view the detailed discussion in the preceding paragraphs, it is held that the purchases in question debited to the P&L account amounting to Rs.1,22,68,401/- are not genuine and the AO's findings in this regard deserve to be confirmed. Ground no.3 is dismissed.”
5. The alleged purchases made in the month