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2 results for “bogus purchases”+ Search & Seizureclear

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Key Topics

Section 153A4Section 1274Section 127(2)2Section 1322Unexplained Cash Credit2Unexplained Money2Cash Deposit2Addition to Income2Search & Seizure2

SHRI GAURAV AGRAWAL,JABALPUR vs. ASSISTANT COMMISSIONER OF INCOME TAX (CENTRAL), JABALPUR

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

ITA 37/JAB/2019[2016-17]Status: DisposedITAT Jabalpur01 Dec 2023AY 2016-17

Bench: Dr. B. R. R. Kumarsh. Yogesh Kumar Us

For Appellant: Sh. Sapan Usrethe, AdvFor Respondent: Sh. Garima Chaudhary, CIT-DR
Section 127Section 127(2)Section 132Section 153A

seizure action u/s 132 of the Income-tax Act, 1961 was conducted at the various premises of Shri Manish Saraogi, Shri Naresh Poddar & Naresh Burman Group of Katni on 21.03.2016. A search action u/s 132 was executed on 4 premises which included residence of Shri Manish Saraogi, Shri Naresh Poddar and Shri Naresh Burman and survey u/s 133A

Undisclosed Income2

DEPUTY COMMISSIONER OF INCOME TAX (CENTRAL), JABALPUR vs. SHRI GAURAV AGRAWAL, JABALPUR

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

ITA 39/JAB/2019[2016-17]Status: DisposedITAT Jabalpur01 Dec 2023AY 2016-17

Bench: Dr. B. R. R. Kumarsh. Yogesh Kumar Us

For Appellant: Sh. Sapan Usrethe, AdvFor Respondent: Sh. Garima Chaudhary, CIT-DR
Section 127Section 127(2)Section 132Section 153A

seizure action u/s 132 of the Income-tax Act, 1961 was conducted at the various premises of Shri Manish Saraogi, Shri Naresh Poddar & Naresh Burman Group of Katni on 21.03.2016. A search action u/s 132 was executed on 4 premises which included residence of Shri Manish Saraogi, Shri Naresh Poddar and Shri Naresh Burman and survey u/s 133A