Bench: SH. KUL BHARAT, VICE PRESIDENT AND SH. NIKHIL CHOUDHARY (Accountant Member)
148A(d), based on the materials on the record. Perusing these orders, the ld. AO noticed that the assessee had made a allegedly bogus transaction of Rs.30,24,450/-, from Gunn Enterprises and Rs.33,57,128/-, from Parth International in the F.Y. 2015-16 and a bogus sales of Rs.1,13,37,168/-, from the bogus firm of Umesh Kumar