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

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

Bench: Shri Manomohan Das & Shri Rakesh Mishra

bogus purchases from M/s. Aerocom Trade Exim amounting to Rs.80,46,150/- and from M/s. Eastern Sales India of Rs.85,15,289/- totalling of Rs. 1,65,61,439/- obtained from the departmental "Insight Portal", after being satisfied and on prior approval of the appropriate authority, the case was re-opened u/s.147 of the I.T. Act,1961 by issuing notice

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

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