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6 results for “bogus purchases”+ Bogus/Accommodation Entryclear

Sorted by relevance

Mumbai27Delhi24Kolkata6Surat4Raipur3Jaipur1Indore1Ahmedabad1

Key Topics

Section 14810Section 1479Reopening of Assessment6Addition to Income6Section 143(1)5Section 133A4Section 1314Section 143(3)4Short Term Capital Gains

A R UDYOG,HOWRAH vs. ITO, WARD 46(3), KOLKATA

In the result, the appeal filed by the assessee is partly allowed for\nstatistical purposes

ITA 1166/KOL/2025[2011-2012]Status: DisposedITAT Kolkata08 Oct 2025AY 2011-2012
Section 139Section 144Section 148Section 250Section 68

bogus purchases, the\naddition u/s 69C of the Act is liable to be made. This is for the reason\nthat section 69C of the Act is an enabling provision and if only the profit\nelement is estimated instead of the rest of the amount, then it is\ntantamount to rest of the amount of purchases deemed to have been\nallowed

INCOME TAX OFFICER, WARD-3(1), KOLKATA vs. A J CAST ALLOYS PRIVATE LIMITED, HOWRAH

Appeal of the Revenue is dismissed and ground as raised\nunder Rule 27 is allowed

4
Penny Stock4
Unexplained Cash Credit4
Survey u/s 133A4
ITA 1685/KOL/2024[2011-12]Status: DisposedITAT Kolkata06 Mar 2026AY 2011-12
Section 132(1)Section 133(6)Section 143(1)Section 147Section 148Section 250Section 69C

bogus purchases. The assessee has\nalso filed petition under Rule 27 of the Income Tax Appellate Tribunal\nRules, 1963 challenging the reopening of assessment u/s 147 of the Act on\nthe ground raised in Rule 27 which is extracted below:\n“1. That on the facts and in the circumstances of the case, the Leamed Assessing\nOfficer has erred

ASHIKA STOCK BROKING LIMITED, KOLKATA,KOLKATA vs. DCIT, CC-2(1), KOLKATA, KOLKATA

In the result, all the appeals of the assessee are allowed

ITA 390/KOL/2022[2011-2012]Status: DisposedITAT Kolkata31 Aug 2023AY 2011-2012

Bench: Shri Sanjay Garg & Shri Rajesh Kumar]

Section 131Section 133ASection 143(1)Section 143(3)Section 147Section 148

bogus/accommodation entries provided by certain individuals/companies. The name of the assessee figures as one of the beneficiaries of these alleged bogus transactions given by the Directorate after making the necessary enquiries. In the said information, it has been inter-alia reported as under: "Entries are broadly taken for two purposes: 1. To plough back unaccounted black money for the purpose

ASHIKA STOCK BROKING LIMITED,KOLKATA vs. D.C.I.T., CENTRAL CIRCLE - 2(1), KOLKATA, KOLKATA

In the result, all the appeals of the assessee are allowed

ITA 399/KOL/2022[2012-2013]Status: DisposedITAT Kolkata31 Aug 2023AY 2012-2013

Bench: Shri Sanjay Garg & Shri Rajesh Kumar]

Section 131Section 133ASection 143(1)Section 143(3)Section 147Section 148

bogus/accommodation entries provided by certain individuals/companies. The name of the assessee figures as one of the beneficiaries of these alleged bogus transactions given by the Directorate after making the necessary enquiries. In the said information, it has been inter-alia reported as under: "Entries are broadly taken for two purposes: 1. To plough back unaccounted black money for the purpose

ASHIKA STOCK BROKING LIMITED, KOLKATA,KOLKATA vs. D.C.I.T., CC-2(1), KOLKATA, KOLKATA

In the result, all the appeals of the assessee are allowed

ITA 400/KOL/2022[2013-2014]Status: DisposedITAT Kolkata31 Aug 2023AY 2013-2014

Bench: Shri Sanjay Garg & Shri Rajesh Kumar]

Section 131Section 133ASection 143(1)Section 143(3)Section 147Section 148

bogus/accommodation entries provided by certain individuals/companies. The name of the assessee figures as one of the beneficiaries of these alleged bogus transactions given by the Directorate after making the necessary enquiries. In the said information, it has been inter-alia reported as under: "Entries are broadly taken for two purposes: 1. To plough back unaccounted black money for the purpose

ASHIKA STOCK BROKING LIMITED,KOLKATA vs. DCIT, CC-2(1), KOLKATA, KOLKATA

In the result, all the appeals of the assessee are allowed

ITA 401/KOL/2022[2015-2016]Status: DisposedITAT Kolkata31 Aug 2023AY 2015-2016

Bench: Shri Sanjay Garg & Shri Rajesh Kumar]

Section 131Section 133ASection 143(1)Section 143(3)Section 147Section 148

bogus/accommodation entries provided by certain individuals/companies. The name of the assessee figures as one of the beneficiaries of these alleged bogus transactions given by the Directorate after making the necessary enquiries. In the said information, it has been inter-alia reported as under: "Entries are broadly taken for two purposes: 1. To plough back unaccounted black money for the purpose