Search: bogus purchases

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Section 153C5 Section 2633 Section 153A(1)3 Section 142(1)3 Section 153C(1)2 Section 143(2)2 Section 143(3)2 Section 1472 Cash Deposit2

ASSISTANT COMMISSIONER OF INCOME TAX,CIRCLE-CHHINDWARA, CHHINDWARA vs. SHRI SHEVENDRA SINGH PARIHAR, BALAGHAT

In the result, the appeal of the Revenue is dismissed

ITA 91/JAB/2019[2011-12]Status: HeardITAT Jabalpur01 Dec 2023AY 2011-12

Bench: Dr. B.R.R. Kumar & Shri Yogesh Kumar U.S.

Section 142(1)Section 143(2)Section 143(3)Section 147Section 148

purchases shown in trading account are bogus and therefore, the same are added to the income of the assessee. It clearly indicates the assessee has furnished inaccurate particulars of his income and therefore penalty

SHRI NITIN SHARMA,JABALPUR vs. PRINCIPAL COMMISSIONER OF INCOME TAX -2, JABALPUR

In the result, the appeal is partly allowed