RR CARWELL PVT LTD,NEW DELHI vs. DCIT CENTRAL CIRCLE-4, NEW DELHI

In the result, appeals filed by the assessee for AY

Bench: Shri R.K. Panda & Ms. Suchitra Kamble

391 (Mum.), the Learned Counsel for the Assessee submitted that the Hon’ble Bombay High Court in the said decision has held that the purchases cannot be rejected without disturbing the sales in case of a trader and the additions are limited to the extent of bringing to G.P. rate on purchases at the same rate of other genuine purchases

RR CARWELL PVT LTD,NEW DELHI vs. DCIT CENTRAL CIRCLE-4, NEW DELHI

In the result, appeals filed by the assessee for AY

Bench: Shri R.K. Panda & Ms. Suchitra Kamble

391 (Mum.), the Learned Counsel for the Assessee submitted that the Hon’ble Bombay High Court in the said decision has held that the purchases cannot be rejected without disturbing the sales in case of a trader and the additions are limited to the extent of bringing to G.P. rate on purchases at the same rate of other genuine purchases

RR CARWELL PVT LTD,NEW DELHI vs. DCIT CENTRAL CIRCLE-4, NEW DELHI

In the result, appeals filed by the assessee for AY

Bench: Shri R.K. Panda & Ms. Suchitra Kamble

391 (Mum.), the Learned Counsel for the Assessee submitted that the Hon’ble Bombay High Court in the said decision has held that the purchases cannot be rejected without disturbing the sales in case of a trader and the additions are limited to the extent of bringing to G.P. rate on purchases at the same rate of other genuine purchases

RR CARWELL PVT LTD,NEW DELHI vs. DCIT CENTRAL CIRCLE-4, NEW DELHI

In the result, appeals filed by the assessee for AY

Bench: Shri R.K. Panda & Ms. Suchitra Kamble

391 (Mum.), the Learned Counsel for the Assessee submitted that the Hon’ble Bombay High Court in the said decision has held that the purchases cannot be rejected without disturbing the sales in case of a trader and the additions are limited to the extent of bringing to G.P. rate on purchases at the same rate of other genuine purchases

LATA GARG,HARYANA vs. DCIT , CENTRAL CIRCLE-4, NEW DELHI

In the result, ITA.No.7187/Del

Bench: Shri R.K. Panda & Ms. Suchitra Kamble

391 (Mum.), the Learned Counsel for the Assessee submitted that the Hon’ble Bombay High Court in the said decision has held that the purchases cannot be rejected without disturbing the sales in case of a trader and the additions are limited to the extent of bringing to G.P. rate on purchases at the same rate of other genuine purchases

LATA GARG,HARYANA vs. DCIT , CENTRAL CIRCLE-4, NEW DELHI

In the result, ITA.No.7187/Del

Bench: Shri R.K. Panda & Ms. Suchitra Kamble

391 (Mum.), the Learned Counsel for the Assessee submitted that the Hon’ble Bombay High Court in the said decision has held that the purchases cannot be rejected without disturbing the sales in case of a trader and the additions are limited to the extent of bringing to G.P. rate on purchases at the same rate of other genuine purchases

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

Bench: Shri Satbeer Singh Godara & 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. We have given our thoughtful consideration to the assessee and Revenue's vehement submissions reiterating their respective stands. Learned Counsel representing assessee has filed

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

Bench: Shri Satbeer Singh Godara & 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. We have given our thoughtful consideration to the assessee and Revenue's vehement submissions reiterating their respective stands. Learned Counsel representing assessee has filed

S.C., JOHNSON PVT. LTD.,GURGAON vs. ADDI. CIT SPECIAL RANGE-8, NEW DELHI

Purchase\nmethod\" is a permissible method of accounting in cases of merger of\nwholly owned subsidiary under Accounting Standard-14 (\"AS\") and\nthe goodwill so computed in accordance has to amortize as disclosed\nin Scheme of Amalgamation read with AS-14.\n\n3.5 That the Ld. CIT(A) erred in upholding the alternative addition made

JCIT, (OSD) CC-1, NOIDA vs. IV COUNTY PVT. LTD., NOIDA

In the result, the appeal of the revenue is dismissed

Bench: Shri M. Balaganesh & Shri Vimal Kumardcit, Vs. M/S. Aba Builders Ltd, Central Circle-1, Noida A-39, Sector-63, Noida (Appellant) (Respondent) Pan:Aacca1410H Jcit (Osd), Vs. Iv County Pvt. Ltd, Central Circle-I, A-39, Sector-63, Noida, Noida Gautam Budh Nagar, Up (Appellant) (Respondent) Pan:Aacci9503M

391/-. The ld AO observed that the assessee had made purchases from the following parties:- a. M/s. Bahubali Iron & Steel Company Rs. 53,94,190/- b. M/s. Hariom Steel Rs. 16,20,519/- c. M/s. V. N. Enterprises Rs. 44,57,507/- Total Rs. 1,14,72,216/- 8.6 The ld AO based on discreet investigation made on this suppliers

DCIT, CC-1, NOIDA vs. ABA BUILDERS LTD., NOIDA

In the result, the appeal of the revenue is dismissed

Bench: Shri M. Balaganesh & Shri Vimal Kumardcit, Vs. M/S. Aba Builders Ltd, Central Circle-1, Noida A-39, Sector-63, Noida (Appellant) (Respondent) Pan:Aacca1410H Jcit (Osd), Vs. Iv County Pvt. Ltd, Central Circle-I, A-39, Sector-63, Noida, Noida Gautam Budh Nagar, Up (Appellant) (Respondent) Pan:Aacci9503M

391/-. The ld AO observed that the assessee had made purchases from the following parties:- a. M/s. Bahubali Iron & Steel Company Rs. 53,94,190/- b. M/s. Hariom Steel Rs. 16,20,519/- c. M/s. V. N. Enterprises Rs. 44,57,507/- Total Rs. 1,14,72,216/- 8.6 The ld AO based on discreet investigation made on this suppliers

COUNTRY INFRASTRUCTURES PRIVATE LIMITED,NOIDA vs. DCIT, CC-1, NOIDA

In the result, the appeal of the revenue is dismissed

Bench: Shri M. Balaganesh & Shri Vimal Kumardcit, Vs. M/S. Aba Builders Ltd, Central Circle-1, Noida A-39, Sector-63, Noida (Appellant) (Respondent) Pan:Aacca1410H Jcit (Osd), Vs. Iv County Pvt. Ltd, Central Circle-I, A-39, Sector-63, Noida, Noida Gautam Budh Nagar, Up (Appellant) (Respondent) Pan:Aacci9503M

391/-. The ld AO observed that the assessee had made purchases from the following parties:- a. M/s. Bahubali Iron & Steel Company Rs. 53,94,190/- b. M/s. Hariom Steel Rs. 16,20,519/- c. M/s. V. N. Enterprises Rs. 44,57,507/- Total Rs. 1,14,72,216/- 8.6 The ld AO based on discreet investigation made on this suppliers

COUNTRY INFRASTRUCTURES PRIVATE LIMITED,NOIDA vs. DCIT, CC-1, NOIDA

In the result, the appeal of the revenue is dismissed

Bench: Shri M. Balaganesh & Shri Vimal Kumardcit, Vs. M/S. Aba Builders Ltd, Central Circle-1, Noida A-39, Sector-63, Noida (Appellant) (Respondent) Pan:Aacca1410H Jcit (Osd), Vs. Iv County Pvt. Ltd, Central Circle-I, A-39, Sector-63, Noida, Noida Gautam Budh Nagar, Up (Appellant) (Respondent) Pan:Aacci9503M

391/-. The ld AO observed that the assessee had made purchases from the following parties:- a. M/s. Bahubali Iron & Steel Company Rs. 53,94,190/- b. M/s. Hariom Steel Rs. 16,20,519/- c. M/s. V. N. Enterprises Rs. 44,57,507/- Total Rs. 1,14,72,216/- 8.6 The ld AO based on discreet investigation made on this suppliers

IV COUNTY PVT. LTD.,NOIDA vs. DCIT, CC-1, NOIDA

In the result, the appeal of the revenue is dismissed

Bench: Shri M. Balaganesh & Shri Vimal Kumardcit, Vs. M/S. Aba Builders Ltd, Central Circle-1, Noida A-39, Sector-63, Noida (Appellant) (Respondent) Pan:Aacca1410H Jcit (Osd), Vs. Iv County Pvt. Ltd, Central Circle-I, A-39, Sector-63, Noida, Noida Gautam Budh Nagar, Up (Appellant) (Respondent) Pan:Aacci9503M

391/-. The ld AO observed that the assessee had made purchases from the following parties:- a. M/s. Bahubali Iron & Steel Company Rs. 53,94,190/- b. M/s. Hariom Steel Rs. 16,20,519/- c. M/s. V. N. Enterprises Rs. 44,57,507/- Total Rs. 1,14,72,216/- 8.6 The ld AO based on discreet investigation made on this suppliers

IV COUNTY PVT. LTD.,NOIDA vs. DCIT, CC-1, NOIDA

In the result, the appeal of the revenue is dismissed

Bench: Shri M. Balaganesh & Shri Vimal Kumardcit, Vs. M/S. Aba Builders Ltd, Central Circle-1, Noida A-39, Sector-63, Noida (Appellant) (Respondent) Pan:Aacca1410H Jcit (Osd), Vs. Iv County Pvt. Ltd, Central Circle-I, A-39, Sector-63, Noida, Noida Gautam Budh Nagar, Up (Appellant) (Respondent) Pan:Aacci9503M

391/-. The ld AO observed that the assessee had made purchases from the following parties:- a. M/s. Bahubali Iron & Steel Company Rs. 53,94,190/- b. M/s. Hariom Steel Rs. 16,20,519/- c. M/s. V. N. Enterprises Rs. 44,57,507/- Total Rs. 1,14,72,216/- 8.6 The ld AO based on discreet investigation made on this suppliers

COUNTRY INFRASTRUCTURES PRIVATE LIMITED,NOIDA vs. DCIT, CC-1, NOIDA

In the result, the appeal of the revenue is dismissed

Bench: Shri M. Balaganesh & Shri Vimal Kumardcit, Vs. M/S. Aba Builders Ltd, Central Circle-1, Noida A-39, Sector-63, Noida (Appellant) (Respondent) Pan:Aacca1410H Jcit (Osd), Vs. Iv County Pvt. Ltd, Central Circle-I, A-39, Sector-63, Noida, Noida Gautam Budh Nagar, Up (Appellant) (Respondent) Pan:Aacci9503M

391/-. The ld AO observed that the assessee had made purchases from the following parties:- a. M/s. Bahubali Iron & Steel Company Rs. 53,94,190/- b. M/s. Hariom Steel Rs. 16,20,519/- c. M/s. V. N. Enterprises Rs. 44,57,507/- Total Rs. 1,14,72,216/- 8.6 The ld AO based on discreet investigation made on this suppliers

COUNTRY INFRASTRUCTURE PRIVATE LIMITED,NOIDA vs. DCIT, CC-1, NOIDA

In the result, the appeal of the revenue is dismissed

Bench: Shri M. Balaganesh & Shri Vimal Kumardcit, Vs. M/S. Aba Builders Ltd, Central Circle-1, Noida A-39, Sector-63, Noida (Appellant) (Respondent) Pan:Aacca1410H Jcit (Osd), Vs. Iv County Pvt. Ltd, Central Circle-I, A-39, Sector-63, Noida, Noida Gautam Budh Nagar, Up (Appellant) (Respondent) Pan:Aacci9503M

391/-. The ld AO observed that the assessee had made purchases from the following parties:- a. M/s. Bahubali Iron & Steel Company Rs. 53,94,190/- b. M/s. Hariom Steel Rs. 16,20,519/- c. M/s. V. N. Enterprises Rs. 44,57,507/- Total Rs. 1,14,72,216/- 8.6 The ld AO based on discreet investigation made on this suppliers

JCIT,(OSD) CC-1, NOIDA vs. COUNTRY INFRASTRUCTURES PRIVATE LIMITED, NOIDA

In the result, the appeal of the revenue is dismissed

Bench: Shri M. Balaganesh & Shri Vimal Kumardcit, Vs. M/S. Aba Builders Ltd, Central Circle-1, Noida A-39, Sector-63, Noida (Appellant) (Respondent) Pan:Aacca1410H Jcit (Osd), Vs. Iv County Pvt. Ltd, Central Circle-I, A-39, Sector-63, Noida, Noida Gautam Budh Nagar, Up (Appellant) (Respondent) Pan:Aacci9503M

391/-. The ld AO observed that the assessee had made purchases from the following parties:- a. M/s. Bahubali Iron & Steel Company Rs. 53,94,190/- b. M/s. Hariom Steel Rs. 16,20,519/- c. M/s. V. N. Enterprises Rs. 44,57,507/- Total Rs. 1,14,72,216/- 8.6 The ld AO based on discreet investigation made on this suppliers