RAM GOPAL,HYDERABAD vs. ITO WARD-8(2), HYDERABAD

In the result, appeal filed by the assessee is partly allowed

Bench: Shri R.K. Panda & Shri Laliet Kumar

disallow reasonable percentage of the alleged bogus purchases for the possibility of inflation of purchases by booking the purchase bills

BS LIMITED,HYDERABAD vs. ASST.COMISSIONER OF INCOME TAX, CIRCLE-2(3), HYDERABAD

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

Bench: Shri D. Manmohan & Shri S. Rifaur Rahmanassessment Year: 2013-14

purchases to be bogus but restricted the disallowance to 25% of purchases on the ground that if the entire purchases

INCOME TAX OFFICER, WARD-11(1), HYDERABAD, KONDAPUR HYDERABAD vs. SANGAM WIRES, KALABURAGI

In the result, appeal filed by the Revenue is dismissed and the appeal filed by the assessee is partly allowed for statistical purposes

Bench: Shri R.K. Panda, Vice- & Shri K. Narasimha Charyआ.अपी.सं /Ita No.356/Hyd/2023 (िनधा"रण वष"/Assessment Year: 2021-22) Sangam Wires Vs. Income Tax Officer Hyderabad Ward 11(1 Pan:Acnfs5309K Hyderabad (Appellant) (Respondent) आ.अपी.सं /Ita No.371/Hyd/2023 (िनधा"रण वष"/Assessment Year: 2021-22) Income Tax Officer Vs. Sangam Wires Ward 11(1 Hyderabad Hyderabad Pan:Acnfs5309K (Appellant) (Respondent) िनधा""रती "ारा/Assessee By: Shri M Chandramouleswara Rao, Ca राज" व "ारा/Revenue By:: Smt. T.H Vijaya Lakshmi,Cit(Dr) सुनवाई की तारीख/Date Of Hearing: 20/03/2024 घोषणा की तारीख/Pronouncement: 08/04/2024 आदेश/Order

disallowance to be sustained with respect to bogus purchases. The AO has observed 100% of the purchase value to be added

SANGAM WIRES,HYDERABAD vs. ITO., WARD-11(1), HYDERABAD

In the result, appeal filed by the Revenue is dismissed and the appeal filed by the assessee is partly allowed for statistical purposes

Bench: Shri R.K. Panda, Vice- & Shri K. Narasimha Charyआ.अपी.सं /Ita No.356/Hyd/2023 (िनधा"रण वष"/Assessment Year: 2021-22) Sangam Wires Vs. Income Tax Officer Hyderabad Ward 11(1 Pan:Acnfs5309K Hyderabad (Appellant) (Respondent) आ.अपी.सं /Ita No.371/Hyd/2023 (िनधा"रण वष"/Assessment Year: 2021-22) Income Tax Officer Vs. Sangam Wires Ward 11(1 Hyderabad Hyderabad Pan:Acnfs5309K (Appellant) (Respondent) िनधा""रती "ारा/Assessee By: Shri M Chandramouleswara Rao, Ca राज" व "ारा/Revenue By:: Smt. T.H Vijaya Lakshmi,Cit(Dr) सुनवाई की तारीख/Date Of Hearing: 20/03/2024 घोषणा की तारीख/Pronouncement: 08/04/2024 आदेश/Order

disallowance to be sustained with respect to bogus purchases. The AO has observed 100% of the purchase value to be added

INCOME TAX OFFICER, WARD 17(1), HYDERABAD vs. MAHALAKSHMI LABORATORIES PVT LTD, HYDERABAD

In the result, the appeal of Revenue is dismissed

Bench: Shri Laliet Kumar & Shri Madhusudan Sawdia

disallowance of purchases of Rs.8,21,27,860/- on account of bogus purchase and assessed the total income of the assessee

MAHALAKSHMI LABORATORIES PRIVATE LIMITED,HYDERABAD vs. ITO, WARD-17(1), HYDERABAD

In the result, the appeal of Revenue is dismissed

Bench: Shri Laliet Kumar & Shri Madhusudan Sawdia

disallowance of purchases of Rs.8,21,27,860/- on account of bogus purchase and assessed the total income of the assessee

AMARAVATI ,HYDERABAD vs. ASST. COMMISSIONER OF INCOME TAX, CIRCLE-6(1), HYDERABAD

In the result, the appeal of the assessee in ITA

Bench: Shri R.K. Panda & Shri Laliet Kumar

disallowing the entire bogus purchases. Ld. AR further contended that according to a report from the Department of Commerce's task

AMARAVATI ,HYDERABAD vs. ASST. COMMISSIONER OF INCOME TAX, CIRCLE-6(1), HYDERABAD

In the result, the appeal of the assessee in ITA

Bench: Shri R.K. Panda & Shri Laliet Kumar

disallowing the entire bogus purchases. Ld. AR further contended that according to a report from the Department of Commerce's task

AMARAVATI ,HYDERABAD vs. DY. COMMISSIONER OF INCOME TAX , CIRCLE-6(1), HYDERABAD

In the result, the appeal of the assessee in ITA

Bench: Shri R.K. Panda & Shri Laliet Kumar

disallowing the entire bogus purchases. Ld. AR further contended that according to a report from the Department of Commerce's task

AMARAVATI,HYDERABAD vs. ASST. COMMISSIONER OF INCOME TAX, CIRCLE-6(1), HYDERABAD

In the result, the appeal of the assessee in ITA

Bench: Shri R.K. Panda & Shri Laliet Kumar

disallowing the entire bogus purchases. Ld. AR further contended that according to a report from the Department of Commerce's task

DCIT., CIRCLE 3(1), HYDERABAD vs. ROHINI MINERALS PRIVATE LIMITED, HYDERABAD

In the result, all the three appeals filed by the Revenue for the A

Bench: Shri Manjunatha G. & Shri K.Narasimha Charyआ.अपी.सं /Ita No.980/Hyd/2024, 1079/Hyd/2024 & 1080/Hyd/2024 (निर्धारण वर्ा/Assessment Year: 2018-19, 2014-15 & 2015-16) Dcit Vs. M/S Rohini Minerals Circle-3(1) Private Limited Hyderabad Hyderabad [Pan :Aaccr0773N] (Appellant) (Respondent) निर्धाररती द्वधरध/Assessee By: Shri S.K.Gupta, Ar रधजस् व द्वधरध/Revenue By: Shri B Bala Krishna, Cit-Dr Shri Srinath Sadanala, Sr.Ar

bogus purchase, Hon'ble High Court deleted the entire addition made by the Assessing Officer. 6.6.1. Hon’ble Bombay High Court in the above case held that the mere reliance by the Assessing Officer on the statement of two persons made before the sale tax department without giving the opportunity of cross examine to the assessee was not sufficient

DCIT., CIRCLE 3(1), HYDERABAD vs. ROHINI MINERALS PRIVATE LIMITED , HYDERABAD

In the result, all the three appeals filed by the Revenue for the A

Bench: Shri Manjunatha G. & Shri K.Narasimha Charyआ.अपी.सं /Ita No.980/Hyd/2024, 1079/Hyd/2024 & 1080/Hyd/2024 (निर्धारण वर्ा/Assessment Year: 2018-19, 2014-15 & 2015-16) Dcit Vs. M/S Rohini Minerals Circle-3(1) Private Limited Hyderabad Hyderabad [Pan :Aaccr0773N] (Appellant) (Respondent) निर्धाररती द्वधरध/Assessee By: Shri S.K.Gupta, Ar रधजस् व द्वधरध/Revenue By: Shri B Bala Krishna, Cit-Dr Shri Srinath Sadanala, Sr.Ar

bogus purchase, Hon'ble High Court deleted the entire addition made by the Assessing Officer. 6.6.1. Hon’ble Bombay High Court in the above case held that the mere reliance by the Assessing Officer on the statement of two persons made before the sale tax department without giving the opportunity of cross examine to the assessee was not sufficient

MEENA JEWELLERS PRIVATE LIMITED,HYDERABAD vs. ASST. COMMISSIONER OF INCOME TAX, CIRCLE-16(2), HYDERABAD

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

Bench: Smt. P. Madhavi Devi & Shri B. Ramakotaiahm/S. Meena Jewellers Vs Asst. Commissioner Of Private Limited Income Tax, Circle 16(2) Hyderabad Hyderabad Pan: Aafcm1756R (Appellant) (Respondent)

purchases. 4. The Ld. CIT (A) erred in upholding the disallowance of the alleged bogus purchases amounting to Rs. 24,91,1501- without

DCIT., CIRCLE 3(1), HYDERABAD vs. ROHINI MINERALS PRIVATE LIMITED, HYDERABAD

In the result, all the three appeals filed by the Revenue for\nthe A

bogus purchase,\nHon'ble High Court deleted the entire addition made by\nthe Assessing Officer.\n6. 6. 1. Hon'ble Bombay High Court in the above case\nheld that the mere reliance by the Assessing Officer on\nthe statement of two persons made before the sale tax\ndepartment without giving the opportunity of cross\nexamine to the assessee

INCOME TAX OFFICER, WARD-1(1) , HYDERABAD vs. AMR GLOBAL INDUSTRIES LIMITED , HYDERABAD

Appeal is dismissed

Bench: Shri A.M. Alankamony & Shri S.S. Godaraassessment Year: 2011-12

bogus entity providing mere accommodation entries as per the ADIT (Inv.) New Delhi’s report. And that the assessee’s purchases @ 25% of the total amount had been rightly disallowed

ASST. COMMISSIONER OF INCOME TAX, CIRCLE-4(1), HYDERABAD vs. SRI KARNI JEWELLERS, HYDERABAD

In the result, both the appeals of the Revenue are allowed

Bench: Shri A. Mohan Alankamony & Sri S.S. Godara

bogus purchases have to be disallowed as allowable deduction while computing the income of the assessee. This is a case

ASST. COMMISSIONER OF INCOME TAX, CIRCLE-4(1), HYDERABAD vs. KARNI JEWELLERS, HYDERABAD

In the result, both the appeals of the Revenue are allowed

Bench: Shri A. Mohan Alankamony & Sri S.S. Godara

bogus purchases have to be disallowed as allowable deduction while computing the income of the assessee. This is a case

VITHALDAS AND COMPANY (SICNE DISSOLVE), HYD,HYDERABAD vs. DCIT, CIRCLE-6(1), HYDERABAD, HYDERABAD

Appeals are partly allowed in above terms

Bench: Shri S.S.Godara & Shri Laxmi Prasad Sahu

bogus purchases to the extent of Rs.9,04,500/- is erroneous and is hereby denied. 4.The appellant contends that the disallowance