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28 results for “bogus purchases”+ Section 2(24)(x)clear

Sorted by relevance

Mumbai230Delhi147Jaipur96Chandigarh54Kolkata44Chennai39Ahmedabad36Rajkot33Guwahati28Surat25Bangalore17Indore13Jodhpur13Lucknow13Visakhapatnam11Nagpur11Raipur9Allahabad7Pune6Hyderabad4Agra3Jabalpur1Amritsar1

Key Topics

Section 153C29Addition to Income12Section 25010Section 689Section 40A(3)9Section 369Depreciation9Disallowance9Section 143(3)6

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

X) for assessing the difference of actual consideration and FMV but said section has been incorporated in the Act by F Act 2017 w.e.f. 1/4/2017 but the transactions has took place earlier. 7. That Sir, from the above it is quite clear that one part of satisfaction note is on Survey proceeding and other part is in respect of property

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

Showing 1–20 of 28 · Page 1 of 2

Section 1476
Section 69C2
Reassessment2

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

X) for assessing the difference of actual consideration and FMV but said section has been incorporated in the Act by F Act 2017 w.e.f. 1/4/2017 but the transactions has took place earlier. 7. That Sir, from the above it is quite clear that one part of satisfaction note is on Survey proceeding and other part is in respect of property

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

X) for assessing the difference of actual consideration and FMV but said section has been incorporated in the Act by F Act 2017 w.e.f. 1/4/2017 but the transactions has took place earlier. 7. That Sir, from the above it is quite clear that one part of satisfaction note is on Survey proceeding and other part is in respect of property

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

X) for assessing the difference of actual consideration and FMV but said section has been incorporated in the Act by F Act 2017 w.e.f. 1/4/2017 but the transactions has took place earlier. 7. That Sir, from the above it is quite clear that one part of satisfaction note is on Survey proceeding and other part is in respect of property

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

X) for assessing the difference of actual consideration and FMV but said section has been incorporated in the Act by F Act 2017 w.e.f. 1/4/2017 but the transactions has took place earlier. 7. That Sir, from the above it is quite clear that one part of satisfaction note is on Survey proceeding and other part is in respect of property

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

X) for assessing the difference of actual consideration and FMV but said section has been incorporated in the Act by F Act 2017 w.e.f. 1/4/2017 but the transactions has took place earlier. 7. That Sir, from the above it is quite clear that one part of satisfaction note is on Survey proceeding and other part is in respect of property

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

X) for assessing the difference of actual consideration and FMV but said section has been incorporated in the Act by F Act 2017 w.e.f. 1/4/2017 but the transactions has took place earlier. 7. That Sir, from the above it is quite clear that one part of satisfaction note is on Survey proceeding and other part is in respect of property

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

X) for assessing the difference of actual consideration and FMV but said section has been incorporated in the Act by F Act 2017 w.e.f. 1/4/2017 but the transactions has took place earlier. 7. That Sir, from the above it is quite clear that one part of satisfaction note is on Survey proceeding and other part is in respect of property

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

X) for assessing the difference of actual consideration and FMV but said section has been incorporated in the Act by F Act 2017 w.e.f. 1/4/2017 but the transactions has took place earlier. 7. That Sir, from the above it is quite clear that one part of satisfaction note is on Survey proceeding and other part is in respect of property

RISHI AGARWAL,GUWAHATI vs. ITO, WARD-2(2), GUWAHATI, GUWAHATI

In the result, the appeal filed by the assessee is allowed for statistical purposes

ITA 266/GTY/2024[2021-22]Status: DisposedITAT Guwahati24 Jun 2025AY 2021-22

Bench: Shri Manomohan Das & Shri Rakesh Mishra

Section 143(3)Section 250Section 69C

24-June-2025 ORDER PER RAKESH MISHRA, ACCOUNTANT MEMBER: This appeal filed by the assessee is against the order of the Commissioner of Income Tax (Appeals)-NFAC, Delhi [hereinafter referred to as Ld. 'CIT(A)'] passed u/s 250 of the Income Tax Act, 1961 (hereinafter referred to as “the Act”) for AY 2021-22 dated 08.11.2024, I.T.A. No.: 266/GTY/2024 Assessment

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

x) That the Assessee did not know the alleged operators of the company and had nothing to do with them. (xi) In rebuttal to the alleged circumstantial evidence/direct evidence against his claim of LTCG, the Assessee submitted as under: (a) With respect to the alleged statements of Sri Anil Khemka and Sri Rajendra Bubna, the Assessee categorically denied knowing them

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

x) That the Assessee did not know the alleged operators of the company and had nothing to do with them. (xi) In rebuttal to the alleged circumstantial evidence/direct evidence against his claim of LTCG, the Assessee submitted as under: (a) With respect to the alleged statements of Sri Anil Khemka and Sri Rajendra Bubna, the Assessee categorically denied knowing them

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

ITA 53/GTY/2023[2012-13]Status: DisposedITAT Guwahati01 Sept 2023AY 2012-13

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

x) That the Assessee did not know the alleged operators of the company and had nothing to do with them. (xi) In rebuttal to the alleged circumstantial evidence/direct evidence against his claim of LTCG, the Assessee submitted as under: (a) With respect to the alleged statements of Sri Anil Khemka and Sri Rajendra Bubna, the Assessee categorically denied knowing them

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

ITA 54/GTY/2023[2015-16]Status: DisposedITAT Guwahati01 Sept 2023AY 2015-16

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

x) That the Assessee did not know the alleged operators of the company and had nothing to do with them. (xi) In rebuttal to the alleged circumstantial evidence/direct evidence against his claim of LTCG, the Assessee submitted as under: (a) With respect to the alleged statements of Sri Anil Khemka and Sri Rajendra Bubna, the Assessee categorically denied knowing them

D.C.I.T., CIRCLE- 1, DIBRUGARH vs. HANS 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

ITA 55/GTY/2023[2012-13]Status: DisposedITAT Guwahati01 Sept 2023AY 2012-13

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

x) That the Assessee did not know the alleged operators of the company and had nothing to do with them. (xi) In rebuttal to the alleged circumstantial evidence/direct evidence against his claim of LTCG, the Assessee submitted as under: (a) With respect to the alleged statements of Sri Anil Khemka and Sri Rajendra Bubna, the Assessee categorically denied knowing them

D.C.I.T., CIRCLE- 1, DIBRUGARH vs. HANS RAJ BAMALWA (HUF), DIBRUGARH

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

ITA 56/GTY/2023[2012-13]Status: DisposedITAT Guwahati01 Sept 2023AY 2012-13

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

x) That the Assessee did not know the alleged operators of the company and had nothing to do with them. (xi) In rebuttal to the alleged circumstantial evidence/direct evidence against his claim of LTCG, the Assessee submitted as under: (a) With respect to the alleged statements of Sri Anil Khemka and Sri Rajendra Bubna, the Assessee categorically denied knowing them

D.C.I.T., CIRCLE- 1, DIBRUGARH vs. USHA 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 57/GTY/2023[2012-13]Status: DisposedITAT Guwahati01 Sept 2023AY 2012-13

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

x) That the Assessee did not know the alleged operators of the company and had nothing to do with them. (xi) In rebuttal to the alleged circumstantial evidence/direct evidence against his claim of LTCG, the Assessee submitted as under: (a) With respect to the alleged statements of Sri Anil Khemka and Sri Rajendra Bubna, the Assessee categorically denied knowing them

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

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

ITA 58/GTY/2023[2012-13]Status: DisposedITAT Guwahati01 Sept 2023AY 2012-13

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

x) That the Assessee did not know the alleged operators of the company and had nothing to do with them. (xi) In rebuttal to the alleged circumstantial evidence/direct evidence against his claim of LTCG, the Assessee submitted as under: (a) With respect to the alleged statements of Sri Anil Khemka and Sri Rajendra Bubna, the Assessee categorically denied knowing them

D.C.I.T., CIRCLE- 1, DIBRUGARH vs. BHAGWATI DEVII 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 59/GTY/2023[2012-13]Status: DisposedITAT Guwahati01 Sept 2023AY 2012-13

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

x) That the Assessee did not know the alleged operators of the company and had nothing to do with them. (xi) In rebuttal to the alleged circumstantial evidence/direct evidence against his claim of LTCG, the Assessee submitted as under: (a) With respect to the alleged statements of Sri Anil Khemka and Sri Rajendra Bubna, the Assessee categorically denied knowing them

D.C.I.T., CIRCLE- 1, DIBRUGARH vs. VISHAL 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 60/GTY/2023[2012-13]Status: DisposedITAT Guwahati01 Sept 2023AY 2012-13

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

x) That the Assessee did not know the alleged operators of the company and had nothing to do with them. (xi) In rebuttal to the alleged circumstantial evidence/direct evidence against his claim of LTCG, the Assessee submitted as under: (a) With respect to the alleged statements of Sri Anil Khemka and Sri Rajendra Bubna, the Assessee categorically denied knowing them