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2 results for “bogus purchases”+ Section 244Aclear

Sorted by relevance

Chandigarh7Delhi5Ahmedabad5Mumbai3Jaipur2Rajkot2Jodhpur1

Key Topics

Section 10(38)2Section 682Section 143(3)2Section 1472Addition to Income2

BALVEER SINGH,JAIPUR vs. ITO WARD 3(3) JAIPUR, INCOME TAX DEPARTMENT

ITA 183/JPR/2024[2012-13]Status: DisposedITAT Jaipur30 Oct 2024AY 2012-13
For Appellant: Shri Naresh Gupta (Adv.)For Respondent: Shri Sanjay Nargas (JCIT)
Section 133(6)Section 143(2)Section 144Section 147

bogus long term capital gains by\ninvesting in an unknown company Whether there being a clear link between\ninformation available with Assessing Officer and his formation of belief that\nIncome chargeable to tax had escaped assessment, reopening of assessment\nwas justified - Held, yes [Paras 7 and 8] [In favour of revenue.\"\n14. [2022] 140 taxmann.com 15 (Calcutta) HIGH COURT

SANTOSH KANWAR,JAIPUR vs. ITO 6(4 ) JAIPUR, JAIPUR

ITA 937/JPR/2024[2015-2016]Status: Disposed
ITAT Jaipur
17 Jul 2025
AY 2015-2016

Bench: BEFORE: SHRI GAGAN GOYAL (Accountant Member), SHRI NARINDER KUMAR (Judicial Member)

For Appellant: NoneFor Respondent: Shri Gautam Singh Choudhary, JCIT-DR
Section 10(38)Section 115BSection 142(1)Section 143(3)Section 234ASection 274Section 288Section 68Section 69C

244A(3) if applicable as per rules. ITNS-150 issued, which is forming part of this order. Issue demand notice & challan accordingly. Penalty notice u/s 274 r.w.s. 271(1)(c) is issued separately for furnishing inaccurate particulars.” 4 Santosh Kanwar, Jaipur. 4. Assessee-appellant, an individual, used to draw salary as director of Singla Buildcom Pvt. Ltd. She also used