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2 results for “bogus purchases”+ Section 197clear

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Key Topics

Section 686Section 2636Section 115B2Section 143(2)2Cash Deposit2

KASHI NATH SETH SARRAF PRIVATE LIMITED,HARDOI vs. ACIT, SITAPUR, SITAPUR

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

ITA 88/LKW/2024[2017-18]Status: DisposedITAT Lucknow22 Sept 2025AY 2017-18
Section 115BSection 143(2)Section 145(3)Section 234BSection 44Section 68

197 (Hyderabad – Trib.).\nThe learned CIT(A) also rejected the assessee's contention that section\n115BBE of the Act was not applicable in the present case. Aggrieved, the\nassessee has filed the present appeal in Income Tax Appellate Tribunal.\n\n(C) In the course of appellate proceedings in Income Tax Appellate\nTribunal, the learned Counsel for the assessee filed

GURU KRIPA ASSOCIATES,BAREILLY vs. PR. CIT, , BAREILLY

In the result, the appeal of the assessee stands dismissed

ITA 97/LKW/2022[2017-18]Status: DisposedITAT Lucknow14 Aug 2025AY 2017-18
Section 143(3)Section 263

197) and the same was submitted before Ld. Pr.CIT by\nreiterating thesaid submission in the reply dated 28.02.2022, filed before\nPr.CIT(available on paper book at page number 6-17). The relevant\ntext of the submission filed on 01.11.2019 is as under:-\n\n“The detail of cash deposit inallbank account, is asunder and\nthe source of cash is cash