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35 results for “bogus purchases”+ Section 133Aclear

Sorted by relevance

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Key Topics

Section 153C27Section 25024Section 6820Addition to Income19Section 153A15Section 14813Disallowance13Section 143(3)11Section 14710

RI-BHOI ISPAT & ROLLING MILLS,BYRNIHAT vs. ITO, WARD- BYRNIHAT, BYRNIHAT

In the result, the appeal of the assessee is allowed for statistical purposes

ITA 241/GTY/2024[2018-2019]Status: DisposedITAT Guwahati12 Aug 2025AY 2018-2019

Bench: Shri Manomohan Das & Shri Rakesh Mishra

Section 133ASection 147Section 250Section 69C

133A of the Act. It is stated that on the given addresses, the said entity was found to be non-existent. Accordingly, the assessing officer concluded that the PRPL was only used as a conduit to inflate the expenditure of the assessee. On account of the bogus purchase, the aforementioned addition was made by the assessing officer. Para- 5. Aggrieved

D M JEWELLERS,GUWAHATI vs. ADDITIONAL / JOINT / DEPUTY / ASSISTANT COMMISSIONER OF INCOME TAX/INCOME-TAX OFFICER, GUWAHATI

In the result, the appeal of the assessee is allowed for statistical purposes only

Showing 1–20 of 35 · Page 1 of 2

Section 40A(3)9
Depreciation9
Unexplained Cash Credit5
ITA 107/GTY/2025[2014-2015]Status: DisposedITAT Guwahati15 Oct 2025AY 2014-2015

Bench: Shri Manomohan Das, Hon’Ble & Shri Sanjay Awasthi, Hon’Ble

For Appellant: Shri Manish Jain, FCAFor Respondent: Shri Kausik Ray JCIT
Section 10(26)Section 132Section 144Section 147Section 148Section 250Section 68

bogus purchases. No unexplained cash credit or fictitious entry has been identified in the appellant’s books of account, and therefore, invoking section 68 in respect of trade purchases is erroneous. Merely, because the supplier was alleged to be involved in accommodation entries, it was incorrectly presumed that the appellant’s transactions were also of the same nature. The authorities

INCOME TAX OFFICER, WARD-1, SILCHAR vs. ROHIT KUMAR GULGULIA, SILCHAR

In the result, appeal of the revenue is dismissed

ITA 182/GTY/2020[2011-12]Status: DisposedITAT Guwahati16 Aug 2023AY 2011-12

Bench: Shri Sanjay Garg & Shri Girish Agrawalassessment Year: 2011-12

For Appellant: Shri Babu Lal Jain, FCAFor Respondent: Shri N. T. Sherpa, JCIT
Section 131Section 133ASection 143(3)Section 147Section 68

bogus in statements under section 131 of the Income-tax Act, 1901 given separately by three directors of the shell company through which the concealed income of the assessee was routed and it was merely a book entry which the assessee had made in an attempt to project a sham transaction as genuine? • Whether on facts and in the circumstances

GREENWOOD RESORTS PRIVATE LIMITED,GUWAHATI vs. DEPUTY COMMISSIONER OF INCOME TAX, GUWAHATI

In the result, ITA No. 114/GTY/2024 for AY 2017-18 is partly allowed for statistical purposes

ITA 115/GTY/2024[2018-19]Status: DisposedITAT Guwahati29 May 2025AY 2018-19

Bench: Shri Manomohan Das & Shri Rakesh Mishra

Section 153CSection 250Section 36Section 40A(3)Section 68

section 132(1) of the Act was conducted on 22.12.2020 at the residential and business premises of the assessees belonging to the Contractors’ Group/ Bhagya Kalita group. Warrant of authorization u/s 132 of the Act was issued in the name of the assessee and panchnama was drawn in consequence thereof as mentioned in the assessment order but it transpired during

GREENWOOD RESORTS PRIVATE LIMITED,GUWAHATI vs. DEPUTY COMMISSIONER OF INCOME TAX, GUWAHATI

In the result, ITA No. 114/GTY/2024 for AY 2017-18 is partly allowed for statistical purposes

ITA 110/GTY/2024[2014-15]Status: DisposedITAT Guwahati29 May 2025AY 2014-15

Bench: Shri Manomohan Das & Shri Rakesh Mishra

Section 153CSection 250Section 36Section 40A(3)Section 68

section 132(1) of the Act was conducted on 22.12.2020 at the residential and business premises of the assessees belonging to the Contractors’ Group/ Bhagya Kalita group. Warrant of authorization u/s 132 of the Act was issued in the name of the assessee and panchnama was drawn in consequence thereof as mentioned in the assessment order but it transpired during

GREENWOOD RESORTS PRIVATE LIMITED,GUWAHATI vs. DEPUTY COMMISSIONER OF INCOME TAX, GUWAHATI

In the result, ITA No. 114/GTY/2024 for AY 2017-18 is partly allowed for statistical purposes

ITA 111/GTY/2024[2016-17]Status: DisposedITAT Guwahati29 May 2025AY 2016-17

Bench: Shri Manomohan Das & Shri Rakesh Mishra

Section 153CSection 250Section 36Section 40A(3)Section 68

section 132(1) of the Act was conducted on 22.12.2020 at the residential and business premises of the assessees belonging to the Contractors’ Group/ Bhagya Kalita group. Warrant of authorization u/s 132 of the Act was issued in the name of the assessee and panchnama was drawn in consequence thereof as mentioned in the assessment order but it transpired during

GREENWOOD RESORTS PRIVATE LIMITED,GUWAHATI vs. ACIT, CENTRAL CIRCLE-1, GUWAHATI

In the result, ITA No. 114/GTY/2024 for AY 2017-18 is partly allowed for statistical purposes

ITA 112/GTY/2024[2015-16]Status: DisposedITAT Guwahati29 May 2025AY 2015-16

Bench: Shri Manomohan Das & Shri Rakesh Mishra

Section 153CSection 250Section 36Section 40A(3)Section 68

section 132(1) of the Act was conducted on 22.12.2020 at the residential and business premises of the assessees belonging to the Contractors’ Group/ Bhagya Kalita group. Warrant of authorization u/s 132 of the Act was issued in the name of the assessee and panchnama was drawn in consequence thereof as mentioned in the assessment order but it transpired during

GREENWOOD RESORTS PRIVATE LIMITED,GUWAHATI vs. DEPUTY COMMISSIONER OF INCOME TAX, GUWAHATI

In the result, ITA No. 114/GTY/2024 for AY 2017-18 is partly allowed for statistical purposes

ITA 113/GTY/2024[2017-18]Status: DisposedITAT Guwahati29 May 2025AY 2017-18

Bench: Shri Manomohan Das & Shri Rakesh Mishra

Section 153CSection 250Section 36Section 40A(3)Section 68

section 132(1) of the Act was conducted on 22.12.2020 at the residential and business premises of the assessees belonging to the Contractors’ Group/ Bhagya Kalita group. Warrant of authorization u/s 132 of the Act was issued in the name of the assessee and panchnama was drawn in consequence thereof as mentioned in the assessment order but it transpired during

GREENWOOD RESORTS PRIVATE LIMITED,GUWAHATI vs. DEPUTY COMMISSIONER OF INCOME TAX, GUWAHATI

In the result, ITA No. 114/GTY/2024 for AY 2017-18 is partly allowed for statistical purposes

ITA 114/GTY/2024[2017-18]Status: DisposedITAT Guwahati29 May 2025AY 2017-18

Bench: Shri Manomohan Das & Shri Rakesh Mishra

Section 153CSection 250Section 36Section 40A(3)Section 68

section 132(1) of the Act was conducted on 22.12.2020 at the residential and business premises of the assessees belonging to the Contractors’ Group/ Bhagya Kalita group. Warrant of authorization u/s 132 of the Act was issued in the name of the assessee and panchnama was drawn in consequence thereof as mentioned in the assessment order but it transpired during

GREENWOOD RESORTS PRIVATE LIMITED,GUWAHATI vs. DEPUTY COMMISSIONER OF INCOME TAX, GUWAHATI

In the result, ITA No. 114/GTY/2024 for AY 2017-18 is partly allowed for statistical purposes

ITA 116/GTY/2024[2019-20]Status: DisposedITAT Guwahati29 May 2025AY 2019-20

Bench: Shri Manomohan Das & Shri Rakesh Mishra

Section 153CSection 250Section 36Section 40A(3)Section 68

section 132(1) of the Act was conducted on 22.12.2020 at the residential and business premises of the assessees belonging to the Contractors’ Group/ Bhagya Kalita group. Warrant of authorization u/s 132 of the Act was issued in the name of the assessee and panchnama was drawn in consequence thereof as mentioned in the assessment order but it transpired during

GREENWOOD RESORTS PRIVATE LIMITED,GUWAHATI vs. DEPUTY COMMISSIONER OF INCOME TAX, GUWAHATI

In the result, ITA No. 114/GTY/2024 for AY 2017-18 is partly allowed for statistical purposes

ITA 117/GTY/2024[2020-21]Status: DisposedITAT Guwahati29 May 2025AY 2020-21

Bench: Shri Manomohan Das & Shri Rakesh Mishra

Section 153CSection 250Section 36Section 40A(3)Section 68

section 132(1) of the Act was conducted on 22.12.2020 at the residential and business premises of the assessees belonging to the Contractors’ Group/ Bhagya Kalita group. Warrant of authorization u/s 132 of the Act was issued in the name of the assessee and panchnama was drawn in consequence thereof as mentioned in the assessment order but it transpired during

GREENWOOD RESORTS PRIVATE LIMITED,GUWAHATI vs. DEPUTY COMMISSIONER OF INCOME TAX, GUWAHATI

In the result, ITA No. 114/GTY/2024 for AY 2017-18 is partly allowed for statistical purposes

ITA 118/GTY/2024[2021-22]Status: DisposedITAT Guwahati29 May 2025AY 2021-22

Bench: Shri Manomohan Das & Shri Rakesh Mishra

Section 153CSection 250Section 36Section 40A(3)Section 68

section 132(1) of the Act was conducted on 22.12.2020 at the residential and business premises of the assessees belonging to the Contractors’ Group/ Bhagya Kalita group. Warrant of authorization u/s 132 of the Act was issued in the name of the assessee and panchnama was drawn in consequence thereof as mentioned in the assessment order but it transpired during

AGRIM INFRAPROJECT PRIVATE LIMITED,GUWAHATI vs. DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-3, GUWAHATI

In the result, this appeal of the assessee i

ITA 224/GTY/2019[2012-13]Status: HeardITAT Guwahati05 Apr 2023AY 2012-13

Bench: Shri Rajpal Yadav, Vice-(Kz) & Dr. Manish Borad

Section 153ASection 250Section 68

section 133A of the. I.T. Act, 1961 on 07.04.2015 by the DDIT flnv), Kolkata wherein he has stated that various paper companies controlled and managed by different entry operators are trading in different penny stocks including the scrip of M/s CCL International Ltd. through broking firms for providing accommodation entries in the form of Long Term Capital Gain to various

AGRIM INFRAPROJECT PRIVATE LIMITED,GUWAHATI vs. DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-3, GUWAHATI

In the result, this appeal of the assessee i

ITA 222/GTY/2019[2015-16]Status: HeardITAT Guwahati05 Apr 2023AY 2015-16

Bench: Shri Rajpal Yadav, Vice-(Kz) & Dr. Manish Borad

Section 153ASection 250Section 68

section 133A of the. I.T. Act, 1961 on 07.04.2015 by the DDIT flnv), Kolkata wherein he has stated that various paper companies controlled and managed by different entry operators are trading in different penny stocks including the scrip of M/s CCL International Ltd. through broking firms for providing accommodation entries in the form of Long Term Capital Gain to various

AGRIM INFRAPROJECT PRIVATE LIMITED,GUWAHATI vs. DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-3, GUWAHATI

In the result, this appeal of the assessee i

ITA 219/GTY/2019[2012-13]Status: HeardITAT Guwahati05 Apr 2023AY 2012-13

Bench: Shri Rajpal Yadav, Vice-(Kz) & Dr. Manish Borad

Section 153ASection 250Section 68

section 133A of the. I.T. Act, 1961 on 07.04.2015 by the DDIT flnv), Kolkata wherein he has stated that various paper companies controlled and managed by different entry operators are trading in different penny stocks including the scrip of M/s CCL International Ltd. through broking firms for providing accommodation entries in the form of Long Term Capital Gain to various

D.C.I.T., CIRCLE-1, DIBRUGARH vs. SHEETAL BAMALWA, DIBRUGARH

In the result, all the appeals of the Revenue are dismissed and that of the Cross Objections of the assessees are allowed

ITA 64/GTY/2023[2013-14]Status: DisposedITAT Guwahati01 Sept 2023AY 2013-14

Bench: Shri Rajpal Yadav, Vice-(Kz) & Shri Rajesh Kumar

133A of the Act. It is pertinent to observe CO Nos. 6 to 21/GAU/2023 (in ITA Nos. 51 to 66/GAU/2023) that all these respondents belonged to Nemichand Bamalwa & Sons Group. M/s. Nemichand Bamalwa & Sons is one of the leading jewellers based in Kolkata, with centuries old traditional jewellery family background. The main persons of the group are Shri Madanlal Bamalwa

D.C.I.T., CIRCLE-1, DIBRUGARH vs. PRAMOD KUMAR BAMALWA, DIBRUGARH

In the result, all the appeals of the Revenue are dismissed and that of the Cross Objections of the assessees are allowed

ITA 65/GTY/2023[2013-14]Status: DisposedITAT Guwahati01 Sept 2023AY 2013-14

Bench: Shri Rajpal Yadav, Vice-(Kz) & Shri Rajesh Kumar

133A of the Act. It is pertinent to observe CO Nos. 6 to 21/GAU/2023 (in ITA Nos. 51 to 66/GAU/2023) that all these respondents belonged to Nemichand Bamalwa & Sons Group. M/s. Nemichand Bamalwa & Sons is one of the leading jewellers based in Kolkata, with centuries old traditional jewellery family background. The main persons of the group are Shri Madanlal Bamalwa

DCIT, CIRCLE-1, DIBRUGARH vs. BAJRANG LAL BAMALWA, DIBRUGARH

In the result, all the appeals of the Revenue are dismissed and that of the Cross Objections of the assessees are allowed

ITA 51/GTY/2023[2012-13]Status: DisposedITAT Guwahati01 Sept 2023AY 2012-13

Bench: Shri Rajpal Yadav, Vice-(Kz) & Shri Rajesh Kumar

133A of the Act. It is pertinent to observe CO Nos. 6 to 21/GAU/2023 (in ITA Nos. 51 to 66/GAU/2023) that all these respondents belonged to Nemichand Bamalwa & Sons Group. M/s. Nemichand Bamalwa & Sons is one of the leading jewellers based in Kolkata, with centuries old traditional jewellery family background. The main persons of the group are Shri Madanlal Bamalwa

D.C.I.T., CIRCLE-1, DIBRUGARH vs. VINOD BAMALWA, DIBRUGARH

In the result, all the appeals of the Revenue are dismissed and that of the Cross Objections of the assessees are allowed

ITA 66/GTY/2023[2013-14]Status: DisposedITAT Guwahati01 Sept 2023AY 2013-14

Bench: Shri Rajpal Yadav, Vice-(Kz) & Shri Rajesh Kumar

133A of the Act. It is pertinent to observe CO Nos. 6 to 21/GAU/2023 (in ITA Nos. 51 to 66/GAU/2023) that all these respondents belonged to Nemichand Bamalwa & Sons Group. M/s. Nemichand Bamalwa & Sons is one of the leading jewellers based in Kolkata, with centuries old traditional jewellery family background. The main persons of the group are Shri Madanlal Bamalwa

DCIT, CIRCLE-1, DIBRUGARH vs. BAJRANG LAL BAMALWA, DIBRUGARH

In the result, all the appeals of the Revenue are dismissed and that of the Cross Objections of the assessees are allowed

ITA 52/GTY/2023[2013-14]Status: DisposedITAT Guwahati01 Sept 2023AY 2013-14

Bench: Shri Rajpal Yadav, Vice-(Kz) & Shri Rajesh Kumar

133A of the Act. It is pertinent to observe CO Nos. 6 to 21/GAU/2023 (in ITA Nos. 51 to 66/GAU/2023) that all these respondents belonged to Nemichand Bamalwa & Sons Group. M/s. Nemichand Bamalwa & Sons is one of the leading jewellers based in Kolkata, with centuries old traditional jewellery family background. The main persons of the group are Shri Madanlal Bamalwa