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3 results for “bogus purchases”+ Section 148A(1)(d)clear

Sorted by relevance

Mumbai134Delhi56Jaipur51Kolkata34Rajkot30Chandigarh23Ahmedabad15Raipur11Hyderabad11Chennai9Surat8Visakhapatnam8Agra6Pune4Indore3Jabalpur2Nagpur2Bangalore2Lucknow1Guwahati1Cuttack1Amritsar1Patna1

Key Topics

Section 14810Section 1475Section 69C5Addition to Income3Section 682Section 2532Section 2502Section 246A2Bogus Purchases2Penalty

NILIMA KOTHARI,INDORE vs. THE INCOME TAX OFFICER, NATIONAL FACELESS ASSTT. CENTRE, INDORE

In the result appeal of the assessee is allowed as per terms indicated above

ITA 259/IND/2024[2016-17]Status: DisposedITAT Indore20 Sept 2024AY 2016-17

Bench: Shri Manish Boradsmt. Neelima Kothari, Income Tax Officer, 601, N.R.K. Villas, Delhi Vs. 22/2 Manoramaganj, Indore (Appellant / Assessee) (Respondent/ Revenue) Pan: Adnpk7832J Assessee By Shri S.S. Deshpande, Ar Revenue By Shri Ashish Porwal, Sr.Dr Date Of Hearing 08.08.2024 Date Of Pronouncement 20.09.2024

Section 10(38)Section 147Section 148Section 151Section 68

bogus solely on the basis of information provided by Investigation Wing, Mumbai. Sale proceeds were verifiable independently from the record of the company as well from the stock exchange. The appellant had purchased shares of an existing company and after holding the same for longer time part of it were sold. The burden casted upon the appellant was proved

2

SANGITA LALWANI,ITARSI vs. ITO 1, ITARSI, ITARSI

In the result the “Impugned order” is set aside as and by

ITA 1082/IND/2025[2019-20]Status: DisposedITAT Indore10 Apr 2026AY 2019-20

Bench: Shri B.M. Biyani & Shri Paresh M Joshisangita Lalwani, Ito 1, बनाम/ Gali No.03, Sindhi Colony

Section 139(1)Section 147Section 148Section 246ASection 250Section 253Section 68Section 69C

D E R Per Paresh M Joshi, J.M.: This is an Appeal filed by the Assessee Under Section 253 of the Income Tax Act 1961 (herein after referred to as the Act for the sake of Brevity) before this tribunal as and by way of a second Appeal.The Assessee is aggrieved by the order bearing Number:-ITBA/NFAC/5/250/2025- 26/1081526355(1) dated

PRIME CONSTRUCTIONS,BHOPAL vs. ASSESSMENT UNIT, INCOME TAX DEPARTMENT, BHOPAL

The appeal of the assessee is dismissed

ITA 742/IND/2024[2018-2019]Status: DisposedITAT Indore06 Aug 2025AY 2018-2019

Bench: Shri Bhagirath Mal Biyani & Shri Paresh M Joshiassessment Year: 2018-19

Section 147Section 148Section 246ASection 250Section 253Section 271ASection 69C

D E R Per Paresh M Joshi, J.M.: This is an appeal filed by the Assessee Under Section 253 of the Income Tax Act, 1961 (hereinafter referred to as the Act for sake of brevity) before this Tribunal. The assessee is aggrieved by order bearing Number ITBA/NFAC/S/ 250/2024- 25/1067635847(1) dated 14.08.2024 passed