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137 results for “bogus purchases”+ Section 35(1)(iv)clear

Sorted by relevance

Mumbai955Delhi915Jaipur285Bangalore165Chennai159Ahmedabad140Kolkata137Karnataka113Chandigarh112Surat98Pune82Indore77Hyderabad71Cochin57Amritsar56Raipur45Calcutta35Guwahati34Nagpur33Visakhapatnam29Rajkot27Cuttack21Lucknow19Jodhpur18Agra10Telangana10Patna6Allahabad6Varanasi5Panaji3SC2Ranchi2Jabalpur1

Key Topics

Addition to Income66Section 143(3)51Section 14748Section 6837Disallowance31Section 143(2)28Section 35(1)(ii)28Deduction22Section 14821

ACIT, CC-2(1), KOL, KOLKATA vs. SHALIMAR HATCHERIES LIMITED, KOLKATA

In the result, the appeal of the Revenue is allowed and the Cross Objection filed by the assessee is dismissed

ITA 546/KOL/2023[2012-13]Status: DisposedITAT Kolkata24 Jan 2024AY 2012-13

Bench: Shri Rajpal Yadav, Vice-(Kz) & Shri Girish Agrawali.T.A. No. 546/Kol/2023) Assessment Year: 2012-2013 Assistant Commissioner Of Income Tax,....Appellant Central Circle-2(1), Kolkata, Aayakar Bhawan Poorva, 3Rd Floor, 110, Shanti Pally, Kolkata-700107 -Vs.- Shalimar Hatcheries Ltd.,......................Respondent 46C, Chowringhee Road, Park Street, 17Th Floor, Everest House, Kolkata-700071 [Pan: Aadcs6537J] - A N D - C.O. No. 13/Kol/2023 (In I.T.A. No. 546/Kol/2023) Assessment Year: 2012-2013 Shalimar Hatcheries Ltd.,..................Cross Objector 46C, Chowringhee Road, Park Street, Kolkata-700071 [Pan: Aadcs6537J] -Vs.- Assistant Commissioner Of Income Tax,....Respondent Central Circle-2(1), Kolkata, Aayakar Bhawan Poorva, 110, Shanti Pally, Kolkata-700107 Appearances By: Shri P.P. Barman, Addl. Cit, Appeared On Behalf Of The Revenue

Section 132Section 139Section 143(2)Section 143(3)Section 147Section 148Section 153A

Showing 1–20 of 137 · Page 1 of 7

Section 25020
Section 10(38)20
Limitation/Time-bar20
Section 35(1)(ii)

iv)/11- Act 12/245 Recognition Renewal till 31.03.2016 01.04.2013 Government of Scientific vide Communication No. of India, and 14/473/2007-TU-V(for 01.04.2013 Ministry of Industrial 01.04.10 to 31.03.13) 17.06.2010 Science and Research Technology Organization For 01.04.08 to 31.03.10) Gazette Notification No. 4/2010 28.01.2010 Government Notification of India, u/s 35(1)(ii) Ministry of of the I.T. Finance Act, 1961 (Department

HIRALAL BHANDARI,KOLKATA vs. ITO, WARD-37(1), KOLKATA, KOLKATA

ITA 2317/KOL/2019[2014-15]Status: DisposedITAT Kolkata07 Mar 2023AY 2014-15

Bench: Shri Rajpal Yadav, Vice-(Kz) & Shri Manish Boradi.T.A. No. 261/Kol/2020 Assessment Year: 2013-2014 Tarasafe International Private Limited,......................Appellant C/O. Dutta Properties, Budge Budge Trunk Road, Gobindpur, Kolkata-700141 [Pan:Aadct0645E] -Vs.- Deputy Commissioner Of Income Tax,.........................Respondent Circle-15(2), Kolkata, Aayakar Bhawan Poorva, 110, Shantipally, Kolkata-700107

iv)/11- 12/245 Recognition of Renewal till 31.03.2016 01.04.2013 Government of Scientific and vide Communication No. India, Ministry Industrial 14/473/2007-TU-V(for of Science and Research 01.04.10 to 31.03.13) 01.04.2013 Technology Organization 17.06.2010 For 01.04.08 to 31.03.10) Gazette Notification No. 4/2010 28.01.2010 Government of Notification u/s India, Ministry 35(1)(ii) of the of Finance I.T. Act, 1961 (Department of Revenue

ABHILASH TRADECOM PVT. LTD.,KOLKATA vs. ITO, WARD-3(2), KOLKATA

ITA 133/KOL/2021[2012-13]Status: DisposedITAT Kolkata07 Mar 2023AY 2012-13

Bench: Shri Rajpal Yadav, Vice-(Kz) & Shri Manish Boradi.T.A. No. 261/Kol/2020 Assessment Year: 2013-2014 Tarasafe International Private Limited,......................Appellant C/O. Dutta Properties, Budge Budge Trunk Road, Gobindpur, Kolkata-700141 [Pan:Aadct0645E] -Vs.- Deputy Commissioner Of Income Tax,.........................Respondent Circle-15(2), Kolkata, Aayakar Bhawan Poorva, 110, Shantipally, Kolkata-700107

iv)/11- 12/245 Recognition of Renewal till 31.03.2016 01.04.2013 Government of Scientific and vide Communication No. India, Ministry Industrial 14/473/2007-TU-V(for of Science and Research 01.04.10 to 31.03.13) 01.04.2013 Technology Organization 17.06.2010 For 01.04.08 to 31.03.10) Gazette Notification No. 4/2010 28.01.2010 Government of Notification u/s India, Ministry 35(1)(ii) of the of Finance I.T. Act, 1961 (Department of Revenue

M/S H.K.DUTTA & CO.,KOLKATA vs. A.C.I.T.,CIRCLE-37, KOLKATA

ITA 2385/KOL/2019[2014-15]Status: DisposedITAT Kolkata07 Mar 2023AY 2014-15

Bench: Shri Rajpal Yadav, Vice-(Kz) & Shri Manish Boradi.T.A. No. 261/Kol/2020 Assessment Year: 2013-2014 Tarasafe International Private Limited,......................Appellant C/O. Dutta Properties, Budge Budge Trunk Road, Gobindpur, Kolkata-700141 [Pan:Aadct0645E] -Vs.- Deputy Commissioner Of Income Tax,.........................Respondent Circle-15(2), Kolkata, Aayakar Bhawan Poorva, 110, Shantipally, Kolkata-700107

iv)/11- 12/245 Recognition of Renewal till 31.03.2016 01.04.2013 Government of Scientific and vide Communication No. India, Ministry Industrial 14/473/2007-TU-V(for of Science and Research 01.04.10 to 31.03.13) 01.04.2013 Technology Organization 17.06.2010 For 01.04.08 to 31.03.10) Gazette Notification No. 4/2010 28.01.2010 Government of Notification u/s India, Ministry 35(1)(ii) of the of Finance I.T. Act, 1961 (Department of Revenue

M/S COALSALE CO.,KOLKATA vs. A.C.I.T.,CIRCLE-34, KOLKATA

ITA 23/KOL/2020[2015-16]Status: DisposedITAT Kolkata07 Mar 2023AY 2015-16

Bench: Shri Rajpal Yadav, Vice-(Kz) & Shri Manish Boradi.T.A. No. 261/Kol/2020 Assessment Year: 2013-2014 Tarasafe International Private Limited,......................Appellant C/O. Dutta Properties, Budge Budge Trunk Road, Gobindpur, Kolkata-700141 [Pan:Aadct0645E] -Vs.- Deputy Commissioner Of Income Tax,.........................Respondent Circle-15(2), Kolkata, Aayakar Bhawan Poorva, 110, Shantipally, Kolkata-700107

iv)/11- 12/245 Recognition of Renewal till 31.03.2016 01.04.2013 Government of Scientific and vide Communication No. India, Ministry Industrial 14/473/2007-TU-V(for of Science and Research 01.04.10 to 31.03.13) 01.04.2013 Technology Organization 17.06.2010 For 01.04.08 to 31.03.10) Gazette Notification No. 4/2010 28.01.2010 Government of Notification u/s India, Ministry 35(1)(ii) of the of Finance I.T. Act, 1961 (Department of Revenue

TARASAFE INTERNATIONAL PRIVATE LIMITED ,KOLKATA vs. D.C.I.T.,CIRCLE-15(2), KOLKATA

ITA 261/KOL/2020[2013-14]Status: DisposedITAT Kolkata07 Mar 2023AY 2013-14

Bench: Shri Rajpal Yadav, Vice-(Kz) & Shri Manish Boradi.T.A. No. 261/Kol/2020 Assessment Year: 2013-2014 Tarasafe International Private Limited,......................Appellant C/O. Dutta Properties, Budge Budge Trunk Road, Gobindpur, Kolkata-700141 [Pan:Aadct0645E] -Vs.- Deputy Commissioner Of Income Tax,.........................Respondent Circle-15(2), Kolkata, Aayakar Bhawan Poorva, 110, Shantipally, Kolkata-700107

iv)/11- 12/245 Recognition of Renewal till 31.03.2016 01.04.2013 Government of Scientific and vide Communication No. India, Ministry Industrial 14/473/2007-TU-V(for of Science and Research 01.04.10 to 31.03.13) 01.04.2013 Technology Organization 17.06.2010 For 01.04.08 to 31.03.10) Gazette Notification No. 4/2010 28.01.2010 Government of Notification u/s India, Ministry 35(1)(ii) of the of Finance I.T. Act, 1961 (Department of Revenue

HIRALAL BHANDARI,KOLKATA vs. ITO, WARD-37(1), KOLKATA, KOLKATA

ITA 2316/KOL/2019[2013-14]Status: DisposedITAT Kolkata07 Mar 2023AY 2013-14

Bench: Shri Rajpal Yadav, Vice-(Kz) & Shri Manish Boradi.T.A. No. 261/Kol/2020 Assessment Year: 2013-2014 Tarasafe International Private Limited,......................Appellant C/O. Dutta Properties, Budge Budge Trunk Road, Gobindpur, Kolkata-700141 [Pan:Aadct0645E] -Vs.- Deputy Commissioner Of Income Tax,.........................Respondent Circle-15(2), Kolkata, Aayakar Bhawan Poorva, 110, Shantipally, Kolkata-700107

iv)/11- 12/245 Recognition of Renewal till 31.03.2016 01.04.2013 Government of Scientific and vide Communication No. India, Ministry Industrial 14/473/2007-TU-V(for of Science and Research 01.04.10 to 31.03.13) 01.04.2013 Technology Organization 17.06.2010 For 01.04.08 to 31.03.10) Gazette Notification No. 4/2010 28.01.2010 Government of Notification u/s India, Ministry 35(1)(ii) of the of Finance I.T. Act, 1961 (Department of Revenue

ORIENT INDUSTRIAL CORPORATION,KOLKATA vs. ACIT, CIRCLE - 35, KOLKATA, KOLKATA

ITA 2247/KOL/2017[2013-14]Status: DisposedITAT Kolkata07 Mar 2023AY 2013-14

Bench: Shri Rajpal Yadav, Vice-(Kz) & Shri Manish Boradi.T.A. No. 261/Kol/2020 Assessment Year: 2013-2014 Tarasafe International Private Limited,......................Appellant C/O. Dutta Properties, Budge Budge Trunk Road, Gobindpur, Kolkata-700141 [Pan:Aadct0645E] -Vs.- Deputy Commissioner Of Income Tax,.........................Respondent Circle-15(2), Kolkata, Aayakar Bhawan Poorva, 110, Shantipally, Kolkata-700107

iv)/11- 12/245 Recognition of Renewal till 31.03.2016 01.04.2013 Government of Scientific and vide Communication No. India, Ministry Industrial 14/473/2007-TU-V(for of Science and Research 01.04.10 to 31.03.13) 01.04.2013 Technology Organization 17.06.2010 For 01.04.08 to 31.03.10) Gazette Notification No. 4/2010 28.01.2010 Government of Notification u/s India, Ministry 35(1)(ii) of the of Finance I.T. Act, 1961 (Department of Revenue

HIRALAL BHANDARI, LEGAL HAIR OF LATE CHAMPALAL BHANDARI,KOLKATA vs. A.C.I.T.,CIRCLE-37, KOLKATA

ITA 2449/KOL/2019[2014-15]Status: DisposedITAT Kolkata07 Mar 2023AY 2014-15

Bench: Shri Rajpal Yadav, Vice-(Kz) & Shri Manish Boradi.T.A. No. 261/Kol/2020 Assessment Year: 2013-2014 Tarasafe International Private Limited,......................Appellant C/O. Dutta Properties, Budge Budge Trunk Road, Gobindpur, Kolkata-700141 [Pan:Aadct0645E] -Vs.- Deputy Commissioner Of Income Tax,.........................Respondent Circle-15(2), Kolkata, Aayakar Bhawan Poorva, 110, Shantipally, Kolkata-700107

iv)/11- 12/245 Recognition of Renewal till 31.03.2016 01.04.2013 Government of Scientific and vide Communication No. India, Ministry Industrial 14/473/2007-TU-V(for of Science and Research 01.04.10 to 31.03.13) 01.04.2013 Technology Organization 17.06.2010 For 01.04.08 to 31.03.10) Gazette Notification No. 4/2010 28.01.2010 Government of Notification u/s India, Ministry 35(1)(ii) of the of Finance I.T. Act, 1961 (Department of Revenue

REACHASIA,KOLKATA vs. ACIT, CIR.-29, KOLKATA

ITA 107/KOL/2020[2013-14]Status: DisposedITAT Kolkata07 Mar 2023AY 2013-14

Bench: Shri Rajpal Yadav, Vice-(Kz) & Shri Manish Boradi.T.A. No. 261/Kol/2020 Assessment Year: 2013-2014 Tarasafe International Private Limited,......................Appellant C/O. Dutta Properties, Budge Budge Trunk Road, Gobindpur, Kolkata-700141 [Pan:Aadct0645E] -Vs.- Deputy Commissioner Of Income Tax,.........................Respondent Circle-15(2), Kolkata, Aayakar Bhawan Poorva, 110, Shantipally, Kolkata-700107

iv)/11- 12/245 Recognition of Renewal till 31.03.2016 01.04.2013 Government of Scientific and vide Communication No. India, Ministry Industrial 14/473/2007-TU-V(for of Science and Research 01.04.10 to 31.03.13) 01.04.2013 Technology Organization 17.06.2010 For 01.04.08 to 31.03.10) Gazette Notification No. 4/2010 28.01.2010 Government of Notification u/s India, Ministry 35(1)(ii) of the of Finance I.T. Act, 1961 (Department of Revenue

ABHILASH TRADECOM PVT. LTD.,KOLKATA vs. ITO, WARD-3(2), KOLKATA

ITA 132/KOL/2021[2011-12]Status: DisposedITAT Kolkata07 Mar 2023AY 2011-12

Bench: Shri Rajpal Yadav, Vice-(Kz) & Shri Manish Boradi.T.A. No. 261/Kol/2020 Assessment Year: 2013-2014 Tarasafe International Private Limited,......................Appellant C/O. Dutta Properties, Budge Budge Trunk Road, Gobindpur, Kolkata-700141 [Pan:Aadct0645E] -Vs.- Deputy Commissioner Of Income Tax,.........................Respondent Circle-15(2), Kolkata, Aayakar Bhawan Poorva, 110, Shantipally, Kolkata-700107

iv)/11- 12/245 Recognition of Renewal till 31.03.2016 01.04.2013 Government of Scientific and vide Communication No. India, Ministry Industrial 14/473/2007-TU-V(for of Science and Research 01.04.10 to 31.03.13) 01.04.2013 Technology Organization 17.06.2010 For 01.04.08 to 31.03.10) Gazette Notification No. 4/2010 28.01.2010 Government of Notification u/s India, Ministry 35(1)(ii) of the of Finance I.T. Act, 1961 (Department of Revenue

HIRALAL BHANDARI, LEGAL HAIR OF LATE CHAMPALAL BHANDARI,KOLKATA vs. A.C.I.T.,CIRCLE-37, KOLKATA

ITA 2448/KOL/2019[2013-14]Status: DisposedITAT Kolkata07 Mar 2023AY 2013-14

Bench: Shri Rajpal Yadav, Vice-(Kz) & Shri Manish Boradi.T.A. No. 261/Kol/2020 Assessment Year: 2013-2014 Tarasafe International Private Limited,......................Appellant C/O. Dutta Properties, Budge Budge Trunk Road, Gobindpur, Kolkata-700141 [Pan:Aadct0645E] -Vs.- Deputy Commissioner Of Income Tax,.........................Respondent Circle-15(2), Kolkata, Aayakar Bhawan Poorva, 110, Shantipally, Kolkata-700107

iv)/11- 12/245 Recognition of Renewal till 31.03.2016 01.04.2013 Government of Scientific and vide Communication No. India, Ministry Industrial 14/473/2007-TU-V(for of Science and Research 01.04.10 to 31.03.13) 01.04.2013 Technology Organization 17.06.2010 For 01.04.08 to 31.03.10) Gazette Notification No. 4/2010 28.01.2010 Government of Notification u/s India, Ministry 35(1)(ii) of the of Finance I.T. Act, 1961 (Department of Revenue

REACHASIA,KOLKATA vs. A.C.I.T.,CIRCLE-29, KOLKATA

ITA 108/KOL/2020[2014-15]Status: DisposedITAT Kolkata07 Mar 2023AY 2014-15

Bench: Shri Rajpal Yadav, Vice-(Kz) & Shri Manish Boradi.T.A. No. 261/Kol/2020 Assessment Year: 2013-2014 Tarasafe International Private Limited,......................Appellant C/O. Dutta Properties, Budge Budge Trunk Road, Gobindpur, Kolkata-700141 [Pan:Aadct0645E] -Vs.- Deputy Commissioner Of Income Tax,.........................Respondent Circle-15(2), Kolkata, Aayakar Bhawan Poorva, 110, Shantipally, Kolkata-700107

iv)/11- 12/245 Recognition of Renewal till 31.03.2016 01.04.2013 Government of Scientific and vide Communication No. India, Ministry Industrial 14/473/2007-TU-V(for of Science and Research 01.04.10 to 31.03.13) 01.04.2013 Technology Organization 17.06.2010 For 01.04.08 to 31.03.10) Gazette Notification No. 4/2010 28.01.2010 Government of Notification u/s India, Ministry 35(1)(ii) of the of Finance I.T. Act, 1961 (Department of Revenue

PS MAGNUM,KOLKATA vs. A.C.I.T.,CIRCLE-29, KOLKATA

ITA 136/KOL/2020[2013-14]Status: DisposedITAT Kolkata07 Mar 2023AY 2013-14

Bench: Shri Rajpal Yadav, Vice-(Kz) & Shri Manish Boradi.T.A. No. 261/Kol/2020 Assessment Year: 2013-2014 Tarasafe International Private Limited,......................Appellant C/O. Dutta Properties, Budge Budge Trunk Road, Gobindpur, Kolkata-700141 [Pan:Aadct0645E] -Vs.- Deputy Commissioner Of Income Tax,.........................Respondent Circle-15(2), Kolkata, Aayakar Bhawan Poorva, 110, Shantipally, Kolkata-700107

iv)/11- 12/245 Recognition of Renewal till 31.03.2016 01.04.2013 Government of Scientific and vide Communication No. India, Ministry Industrial 14/473/2007-TU-V(for of Science and Research 01.04.10 to 31.03.13) 01.04.2013 Technology Organization 17.06.2010 For 01.04.08 to 31.03.10) Gazette Notification No. 4/2010 28.01.2010 Government of Notification u/s India, Ministry 35(1)(ii) of the of Finance I.T. Act, 1961 (Department of Revenue

M/S. BHAGAWATI OXYGEN LTD.,KOLKATA vs. DCIT, CIRCLE - 8(1), KOLKATA

ITA 1473/KOL/2019[2013-14]Status: DisposedITAT Kolkata19 Feb 2020AY 2013-14

Bench: Shri J. Sudhakar Reddy, Am & Shri S. S. Godara, Jm आयकर अपीलसं./I.T.A Nos.1473&1474/Kol/2019 ("नधा"रण वष" / Assessment Years: 2013-14 & 2015-16) Bhagawati Oxygen Ltd. Vs. Dcit, Circle-8(1), Kolkata

For Appellant: Shri Miraj D Shah, ARFor Respondent: Shri Supriyo Pal, JCIT, Sr. DR
Section 133Section 133ASection 143(3)Section 25Section 35(1)(ii)

purchase bills were found at their premises related to F.Y 2014-15. Documents relate to commission were found and impounded.  They do have some person with good C.V. on their board. On inquiry it is found that these persons are associated with these institutes only in honorary position and they are not involved in the day to day activities

M/S. BHAGAWATI OXYGEN LTD.,KOLKATA vs. DCIT, CIRCLE - 8(1), KOLKATA

ITA 1474/KOL/2019[2015-16]Status: DisposedITAT Kolkata19 Feb 2020AY 2015-16

Bench: Shri J. Sudhakar Reddy, Am & Shri S. S. Godara, Jm आयकर अपीलसं./I.T.A Nos.1473&1474/Kol/2019 ("नधा"रण वष" / Assessment Years: 2013-14 & 2015-16) Bhagawati Oxygen Ltd. Vs. Dcit, Circle-8(1), Kolkata

For Appellant: Shri Miraj D Shah, ARFor Respondent: Shri Supriyo Pal, JCIT, Sr. DR
Section 133Section 133ASection 143(3)Section 25Section 35(1)(ii)

purchase bills were found at their premises related to F.Y 2014-15. Documents relate to commission were found and impounded.  They do have some person with good C.V. on their board. On inquiry it is found that these persons are associated with these institutes only in honorary position and they are not involved in the day to day activities

DCIT, CC-1(3), KOLKATA, KOLKATA vs. M/S. A.R. STANCHEM (P) LTD., KOLKATA

In the result, appeal of the Revenue is partly allowed

ITA 672/KOL/2022[2013-2014]Status: DisposedITAT Kolkata13 Jul 2023AY 2013-2014

Bench: Shri Sanjay Garg & Shri Girish Agrawalassessment Year: 2013-14

For Appellant: Shri S. K.Tulsiyan, AdvocateFor Respondent: Shri P. P. Barman, Addl. CIT, Sr. DR
Section 133ASection 143(1)Section 143(2)Section 143(3)Section 14ASection 35(1)(ii)Section 80G

iv)/11 -12/245 Recognition of Renewal till 01.04.2013 Government of Scientific and 31.03.2016 vide 01.04.2013 India, Ministry Industrial Communication 17.06.2010 of Science and Research No. 14/473/2007- Technology Organization TU-V(for 01.04.10 to 31.03.13)For 01.04.08 to 31.03.10) Gazette Notification No. 28.01.2010 Government of Notification 4/2010 India, Ministry u/s 35(1)(ii) of of Finance the I.T. Act, (Department

M/S GREEN STAR CORPORATION,KOLKATA vs. ACIT, CIRCLE - 45, KOLKATA, KOLKATA

In the result, the appeal of assessee is allowed in part

ITA 2463/KOL/2017[2011-12]Status: DisposedITAT Kolkata09 Apr 2021AY 2011-12

Bench: Hon’Ble Shri J. Sudhakar Reddy, Am & Hon’Ble Shri A. T. Varkey, Jm Assessment Year: 2011-12

Section 143(3)Section 250Section 41(1)

bogus. On a query from the Bench, the Ld. DR submitted that additions can be made u/s. 41(1) of the Act. He argued that neither the Ld. AO nor the Ld. CIT(A) had invoked this section of the Act. The Ld. DR submitted that it is implied that this section was invoked by the assessing authority

DCIT,CENTRAL CIRCLE-5(1), KOLKATA,KOLKATA vs. M/S PRB SECURITIES PVT.LTD., KOLKATA

In the result, the appeal of the revenue is dismissed

ITA 211/KOL/2017[2013-14]Status: DisposedITAT Kolkata05 Dec 2018AY 2013-14

Bench: Hon’Ble Shri A T Varkey, Jm & Shri M.Balaganesh, Am] I.T.A No. 211/Kol/2017 Assessment Year : 2013-14 Dcit, Circle-5(1), Kolkata -Vs- M/S Prb Securities Pvt. Ltd. [Pan: Aabcp 5425 G ] (Appellant) (Respondent)

For Appellant: Shri Saurabh Kumar, Addl. CIT Sr. DRFor Respondent: Shri Manish Tiwari, AR
Section 143(3)

purchase bills were found for financial year 2014-15. Documents related to commission were found and impounded. 22 23 M/s PRB Securities Pvt. Ltd. A.Yr. 2013-14 • These institutions have few persons with good CV who are associated only in honorary position and they are not involved in the day to day activities. • The research work shown is just reproduction

ACIT, CIRCLE - 34, KOLKATA , KOLKATA vs. BHAWARLAL ALOKE KUMAR , KOLKATA

Appeal is dismissed

ITA 779/KOL/2018[2014-15]Status: DisposedITAT Kolkata03 May 2019AY 2014-15

Bench: Shri S.S.Godara & Dr. A.L. Sainiassessment Year :2014-15 Acit, Cicle-34, V/S. Bhawarlal Aloke Kumar Aayakar Poorva, 7Th P-12, New Howrah Bridge Approach Road, 4Th Floor, Floor, 110, Shantipally, Kolkatka-107 Kolkta-700001 [Pan No.Aadfb 0620 N] .. अपीलाथ" /Appellant ""यथ"/Respondent Shri Robin Choudhury, Addl. Cit-Dr अपीलाथ" क" ओर से/By Appellant None ""यथ" क" ओर से/By Respondent 04-02-2019 सुनवाई क" तार"ख/Date Of Hearing 03-05-2019 घोषणा क" तार"ख/Date Of Pronouncement आदेश /O R D E R Per S.S.Godara:- This Assessee‘S Appeal For Assessment Year 2014-15 Arises Against The Commissioner Of Income Tax (Appeals)-10, Kolkata’S Order Dated 23.01.2018 Passed In Case No.224/Cit(A)-10/C-34/14-15/16-17/Kol, Involving Proceedings U/S 143(3) Of The Income Tax Act, 1961; In Short ‘The Act’. Case Called Twice. None Appears At The Assessee’S Behest Despite The Registry Having Sent An Rpad Notice. It Is Accordingly Proceeded Ex Parte. 2. Revenue’S Sole Substantive Grievance Raised In The Instant Appeal Seeks To Challenge Correctness Of Cit(A)’S Action Partly Upholding Assessing Officer’S Findings Disallowing Assessee’S Purchase(S) Of ₹3,22,28,000/- Only To The Extent Of 15% Vide Impugned Following Detailed Discussion:- “06. Findings &. Decision:

Section 143(3)

35 taxman.com 384,(Bombay) "7. -----------we find that the Tribunal has deleted tile additions on account of bogus purchases nor only on the basis or stock statement i.e. reconciliation statement, but also in view of the other facts. The Tribunal records that the Books of Accounts of the respondent- assessee have not been rejected. Similarly, the sales have not been