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2 results for “bogus purchases”+ Section 115clear

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Key Topics

Section 142(1)2Addition to Income2

ACIT, CENTRAL CIRCLE, BIKANER vs. M/S. MANOJ KUMAR VIPIN KUMAR , BIKANER

In the result, this appeal of the Revenue is dismissed

ITA 482/JODH/2018[2012-13]Status: DisposedITAT Jodhpur01 Feb 2021AY 2012-13

Bench: Shri Sandeep Gosain & Shri Manoj Kumar Aggarwala.C.I.T. Vs. M/S Manoj Kumar Vipin Kumar, Central Circle, 118, New Dhan Mandi, Bikaner. Bikaner. Pan No. Aarfm 0027 E

Section 131

bogus companies before reaching to M/s Swift Tie Up Pvt. Ltd. Moreover M/s Swift Tie Up Pvt. Ltd. was not found functioning on given address. 12. At the outset, the ld. DR has vehemently relied on the order of the A.O. 13. On the contrary, the ld AR of the assessee has reiterated the same arguments as were raised before

ITO, WARD, PHALODI, PHALODI vs. M/S RAMA ALLURE LLP, JODHPUR

In the result, appeal of the revenue is dismissed

ITA 135/JODH/2023[2020-21]Status: DisposedITAT Jodhpur09 Oct 2023AY 2020-21

The Date, The Appeal Is Finally Heard.”

Bench:
Section 142(1)Section 143(2)Section 143(3)

Bogus. The AO has arbitrarily without making any inquiry has doubted the identity of the Dubai Bank accounts & declared as ‘Undisclosed’. Also, the Ld. AO without assigning any strong reason or document evidence the audited financial statements of Aptus Trading DMCC and simply declared the funds provided by Mr. Arpit to Mr. Suresh as not explained. 9. It would