Search: bogus purchases

1 result for “bogus purchases”+ Section 268Aclear

Sorted by relevance

Kolkata13 Delhi3 Mumbai2 Visakhapatnam2 Jaipur1 Ahmedabad1 Lucknow1

Key Topics

Section 682 Section 69C2

SUMIT GOEL,JAIPUR vs. INCOME TAX OFFICER , JAIPUR

In the result,the appeal of the assessee is partly allowed

ITA 8/JPR/2023[2012-13]Status: DisposedITAT Jaipur26 Oct 2023AY 2012-13

Bench: DR. S. SEETHALAKSHMI (Judicial Member), SHRI RATHOD KAMLESH JAYANTBHAI (Accountant Member)

For Appellant: Shri S.L. Poddar(Adv.)&For Respondent: Smt. Monisha Choudhary(Addl.CIT)

Section 10(38)Section 147Section 148Section 56Section 68Section 69C

purchase of shares as well as realization of sale proceeds and crediting the same to the bank account of the assessee. Hence, CIT(A)’s order in deleting the additions made by the AO is not infirm in any way requiring any interference. 6. Latest decision of the Hon’ble Rajasthan High Court is in favor of the assessee