205 results for “bogus purchases”+ Section 271(1)(c)clear
Sorted by relevance
Key Topics
Showing 1–20 of 205 · Page 1 of 11
In the result, the appeal of the assessee is allowed
Bench: Shri Kul Bharat[Assessment Year : 2010-11] George Kutty, Vs Dcit, C/O-M/S. Oasis Tours India (P.) Circle-13(1), Ltd., C-40, Middle Circle, Dwarka New Delhi. Sadan, Connaught Place, New Delhi-110001. Pan-Aajpk4005H Appellant Respondent Appellant By Shri Manish Malik, Adv. Respondent By Shri Om Parkash, Sr.Dr Date Of Hearing 11.08.2022 Date Of Pronouncement 24.08.2022
bogus, it would be treated as a case of concealment or furnishing of inaccurate particulars and penalty proceeding would be justified 9. CIT Vs R.M.P. Plasto (P.) Ltd H84 Taxman 372 (SC)/[2009] 313 ITR 397 (SC)/[2009] 227 CTR 635] where Hon’ble Supreme Court held that Confirmed penalty upon assessee for concealment of income under section 271(1