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3 results for “bogus purchases”+ Section 269Tclear

Sorted by relevance

Nagpur9Visakhapatnam8Mumbai6Indore5Bangalore4Delhi3Jaipur3Hyderabad2Cuttack2Chandigarh2Pune2Ahmedabad2

Key Topics

Section 269S6Section 271D4Section 1422Section 692Section 69C2Section 1472Addition to Income2

SH. ASHOK KUMAR PORWAL,JHALAWAR vs. JCIT, RANGE-1, KOTA, KOTA

In the result, appeal of the assessee is partly allowed

ITA 572/JPR/2023[2010-11]Status: DisposedITAT Jaipur19 Dec 2023AY 2010-11

Bench: SHRI SANDEEP GOSAIN (Judicial Member), SHRI RATHOD KAMLESH JAYANTBHAI (Accountant Member)

For Appellant: Sh. P. C. Parwal (CA)For Respondent: Smt Monisha Chaudhary (Addl. CIT)
Section 133(6)Section 147Section 269SSection 271D

purchase of shares were admitted by assessee and it had not brought on record anything to suggest that reassessment proceedings were being undertaken in arbitrary manner, impugned reopening notice was justified [2023] 152 taxmann.com 573 (SC)/[2023] 454 ITR 794 (SC) [04-0... INCOME TAX: Notice issued in SLP filed against impugned High Court order that where Assessing Officer made

ITO, KOTA vs. BABU LAL SOMANI, KOTA

ITA 931/JPR/2013[2009-10]Status: DisposedITAT Jaipur18 Sept 2017AY 2009-10
For Appellant: NoneFor Respondent: Shri Ajay Chandra (CIT) fu/kZkfjrhdh vksj ls@
Section 133ASection 142Section 143(3)Section 69C

269T and section 40A(3) of the IT Act. The A.O. has mentioned in the letter that audit is to be carried out in view of the provisions of Rule 14A. One has to read entire letter together and from this letter one cannot infer that the A.O. referred the matter for special audit for getting the books of accounts

SUBHASH PARETA,KOTA vs. ACIT, KOTA

In the result, the appeal of the assessee and the revenue are disposed off with above directions

ITA 434/JPR/2016[2011-12]Status: DisposedITAT Jaipur09 Oct 2017AY 2011-12
For Appellant: NoneFor Respondent: Shri S.L.Chandel (Addl. CIT) fu/kZkfjrh dh vksj ls@
Section 142Section 40A(3)Section 69Section 69C

269T to the Additional/Joint CIT separately. Therefore, the 73 entries have been dropped for purpose of addition as they do not violate the provisions of section 40A(3) of the I.T. Act, 1961. The remaining 178 entries were not satisfactorily explained by the assessee and no evidence was provided to substantiate the claim that earlier the payments have been made