BharatTax.net
SearchITATHigh CourtsSupreme CourtPhrasesAI ResearchHistory

Filters

BharatTax.net

Free search engine for ITAT (Income Tax Appellate Tribunal) judgments across all 28 benches in India.

Quick Links

  • Search Judgments
  • Browse by Bench
  • Recent Judgments

About

BharatTax provides free access to Income Tax Appellate Tribunal orders for legal research and reference.

© 2026 BharatTax.net. All rights reserved.

1,338 results for “bogus purchases”+ Section 131(1)clear

Sorted by relevance

Mumbai1,338Delhi931Kolkata312Jaipur306Bangalore163Ahmedabad151Karnataka103Surat89Chennai82Pune80Hyderabad72Chandigarh68Raipur60Indore58Cochin57Nagpur52Calcutta39Guwahati36Rajkot31Lucknow21Visakhapatnam18Cuttack17Agra13Amritsar13Jodhpur12Patna8Varanasi7Dehradun6Ranchi3Gauhati2Allahabad2Telangana2Jabalpur1Panaji1

Key Topics

Addition to Income69Section 143(3)61Section 14760Section 69C50Section 6845Section 14A38Disallowance31Section 14829Section 153A26

NIRMIT JATIN LATHIA,MUMBAI vs. ITO 29(2)(2), MUMBAI

In the result, both the appeals of the assessee and Revenue

ITA 4784/MUM/2023[2010-11]Status: DisposedITAT Mumbai28 May 2024AY 2010-11

Bench: Shri Om Prakash Kant () & Shri Raj Kumar Chauhan () Assessment Year: 2010-11 Nirmit Jatin Lathia, Ito 29(2)(2), 2B/101, Jain Upashraya Lane, Kautilya Bhavan, Bkc, Vs. Tagore Nagar, Vikhroli East, Mumbai-400051. Mumbai-400083. Pan No. Acgpl 0296 F Appellant Respondent Assessment Year: 2010-11 Ito 41(2)(3), Nirmit Jatin Lathia, Room No. 732, Om Sai Chs, Bldg. No. 2, B-Wing, Kautilya Bhavan, Bkc, Vs. Flat No. 101, Opp Bharat Nagar Mumbai-400051. Jain Upashraya Lane, Vikhroli (E), Mumbai-400083. Pan No. Acgpl 0296 F Appellant Respondent

For Appellant: Mr. Sunil Shinde, Sr. DRFor Respondent: Mr. Mandar Vaidya
Section 1Section 129Section 133(6)Section 142(1)Section 143(2)Section 143(3)Section 148

Showing 1–20 of 1,338 · Page 1 of 67

...
Section 13226
Reopening of Assessment20
Long Term Capital Gains15

131 to any of the parties. h. The hon. CIT(A) erred in law and on facts in confirming the actions h. The hon. CIT(A) erred in law and on facts in confirming the actions h. The hon. CIT(A) erred in law and on facts in confirming the actions of the Id. A.O. i. Your appellant prays that

ITO41(2)(3),MUMBAI, BKC, MUMBAI vs. NIRMIT JATIN LATHIA, MUMBAI

In the result, both the appeals of the assessee and Revenue

ITA 4828/MUM/2023[2010]Status: DisposedITAT Mumbai28 May 2024

Bench: Shri Om Prakash Kant () & Shri Raj Kumar Chauhan () Assessment Year: 2010-11 Nirmit Jatin Lathia, Ito 29(2)(2), 2B/101, Jain Upashraya Lane, Kautilya Bhavan, Bkc, Vs. Tagore Nagar, Vikhroli East, Mumbai-400051. Mumbai-400083. Pan No. Acgpl 0296 F Appellant Respondent Assessment Year: 2010-11 Ito 41(2)(3), Nirmit Jatin Lathia, Room No. 732, Om Sai Chs, Bldg. No. 2, B-Wing, Kautilya Bhavan, Bkc, Vs. Flat No. 101, Opp Bharat Nagar Mumbai-400051. Jain Upashraya Lane, Vikhroli (E), Mumbai-400083. Pan No. Acgpl 0296 F Appellant Respondent

For Appellant: Mr. Sunil Shinde, Sr. DRFor Respondent: Mr. Mandar Vaidya
Section 1Section 129Section 133(6)Section 142(1)Section 143(2)Section 143(3)Section 148

131 to any of the parties. h. The hon. CIT(A) erred in law and on facts in confirming the actions h. The hon. CIT(A) erred in law and on facts in confirming the actions h. The hon. CIT(A) erred in law and on facts in confirming the actions of the Id. A.O. i. Your appellant prays that

NAVNIDHI STEEL AND ENGG CO. P.LTD,MUMBAI vs. DCIT 5(2)(1), MUMBAI

The appeal of the assessee is dismissed

ITA 3420/MUM/2017[2007-08]Status: DisposedITAT Mumbai08 Jan 2018AY 2007-08

Bench: Shri Joginder Singh, Assessment Year: 2007-08

Section 133(6)Section 143(1)Section 143(2)Section 148Section 68Section 69C

Section 40A(3) of the Act. By adopting these measures, the purchases were inflated as raw material diamond were available in grey market at much lower price .The diamond merchants issues cheques in favour of benami concerns against purchase bills obtained by them against which they receive cash. The list of such benami companies was found during the course

RATNAGIRI STAINLESS P. LTD,MUMBAI vs. ITO 5(3)(1), MUMBAI

In the result, appeal filed by the assessee in ITA No

ITA 4463/MUM/2016[2009-10]Status: DisposedITAT Mumbai04 Apr 2017AY 2009-10

Bench: Shri C.N. Prasad & Shri Ramit Kocharआयकर अपील सं./I.T.A. No. 4463/Mum/2016 ("नधा"रण वष" / Assessment Year : 2009-10) M/S Ratnagiri Stainless Pvt. Income Tax Officer 5(3)(1), बनाम/ Ltd., Mumbai. V. 21/23, Laxmi Niwas, 2 Nd Parsiwada Lane, Opp V.P. Road Police Station, Mumbai – 400 004. "थायी लेखा सं./Pan : Aadcr2993P (अपीलाथ" /Appellant) .. (""यथ" / Respondent)

For Appellant: Shri N.M. PorwalFor Respondent: Ms. Pooja Swaroop,DR
Section 143(3)Section 147Section 148Section 234A

section 234A, 234B, 234C and 234D of the Act. ITA 4463/Mum/2016 3 7. The appellant crave leave to add, amend , alter and/or vary any of the grounds of appeal before or at the time of hearing.” 3. At the outset learned counsel for the assessee submitted that the assessee did not wish to press ground no. 1

ACIT, CIRCLE-2(1)(1), MUMBAI vs. M/S BANK OF INDIA, MUMBAI

In the result, the appeal by the Revenue for the assessment year 2018-

ITA 1547/MUM/2023[2016-2017]Status: DisposedITAT Mumbai30 Jan 2026AY 2016-2017

Bench: Shri Vikram Singh Yadavshri Sandeep Singh Karhailita No.1452/Mum/2023 Assessment Year : 2016-17 Assessment Year : 2018-19

For Appellant: Shri C. NareshFor Respondent: Shri Satya Pal Kumar, CIT (DR)
Section 10Section 14ASection 250Section 32Section 90

131 ITA No.1451, 1452, 1547 & 1548/Mum/2023 (A.Ys. 2016-17 & 2018-19) 8 following the judgment rendered in the case of Maxopp Investment Ltd. vs. CIT(supra). The relevant extract of the judgment reads as under: "19. The Supreme Court in this judgment upheld the decision of the High Court of Punjab and Haryana arising under section

BANK OF INDIA,MUMBAI vs. ACIT-2(1)(2), MUMBAI

In the result, the appeal by the Revenue for the assessment year 2018-

ITA 1451/MUM/2023[2016-17]Status: DisposedITAT Mumbai30 Jan 2026AY 2016-17

Bench: Shri Vikram Singh Yadavshri Sandeep Singh Karhailita No.1452/Mum/2023 Assessment Year : 2016-17 Assessment Year : 2018-19

For Appellant: Shri C. NareshFor Respondent: Shri Satya Pal Kumar, CIT (DR)
Section 10Section 14ASection 250Section 32Section 90

131 ITA No.1451, 1452, 1547 & 1548/Mum/2023 (A.Ys. 2016-17 & 2018-19) 8 following the judgment rendered in the case of Maxopp Investment Ltd. vs. CIT(supra). The relevant extract of the judgment reads as under: "19. The Supreme Court in this judgment upheld the decision of the High Court of Punjab and Haryana arising under section

THE DY. COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-5(1), MUMBAI vs. M/S SKYWAY INFRA PROJECTS PRIVATE LIMITED, MUMBAI

In the result, cross objections of the assessee are dismissed, cross objections of the assessee are dismissed, cross objections of the assessee are dismissed, whereas appeals of the revenue are par...

ITA 2665/MUM/2022[2013-14]Status: HeardITAT Mumbai28 Feb 2023AY 2013-14

Bench: Shri Aby T Varkey () & Shri Om Prakash Kant () Assessment Year: 2013-14 & Assessment Year: 2014-15 & Assessment Year: 2015-16 & Assessment Year: 2016-17 & Assessment Year: 2017-18 & Assessment Year: 2018-19 & Assessment Year: 2019-20 & Assessment Year: 2020-21

Section 132 (4), which was inserted by the Direct Tax (4), which was inserted by the Direct Tax Laws (Amendment) Act Laws (Amendment) Act, 1987 w.e.f. 1st April, 1989, furth w.e.f. 1st April, 1989, further clarifies that a person may be examined not only er clarifies that a person may be examined not only in respect of the books

KHANGARAM K. DEWASI,MUMBAI vs. DCIT, CC-2(3), MUMBAI

In the result, the appeal

ITA 2805/MUM/2018[2010-11]Status: DisposedITAT Mumbai05 Aug 2022AY 2010-11

Bench: Shri Om Prakash Kant () & Shri Sandeep Singh Karhail () Assessment Year: 2008-09 & Assessment Year: 2009-10 & Assessment Year: 2010-11 Mr. Khangaram K. Dewasi, Prop. The Dcit, Central Circle-2(3), Of Shreenathji Metal & Alloys, Mumbai-21 Shop No. 5, Sultan Market, Opp. Vs. Ash Krishna Bldg. Andheri Ghatkoper Road, Sakinaka, Andheri (East), Mumbai-400072. Pan No. Aeepd 8897 C Appellant Respondent Assessee By : Mr. Bharat Kumar, Ar Revenue By : Mr. Ajeya Kumar Ojha, Dr Date Of Hearing : 28/06/2022 Date Of Pronouncement : 05/08/2022

For Appellant: Mr. Bharat Kumar, ARFor Respondent: Mr. Ajeya Kumar Ojha, DR
Section 143(3)Section 147Section 69

131 filed by the Ld. counsel of assessee. ITA Nos. 2805 to 2807/M/2018 ITA Nos. 2805 to 2807/M/2018 6 Mr. Khangaram K. Dewasi, Prop. Of Shreenathji Mr. Khangaram K. Dewasi, Prop. Of Shreenathji Metal & Alloys 5. In ground No. 1 ( In ground No. 1 (wrongly mentioned as ground No. 8), the as ground No. 8), the assessee has challenged validity

KHANGARAM K DEWASI,MUMBAI vs. DCIT ,CC-2(3), MUMBAI

In the result, the appeal

ITA 2807/MUM/2018[2009-10]Status: DisposedITAT Mumbai05 Aug 2022AY 2009-10

Bench: Shri Om Prakash Kant () & Shri Sandeep Singh Karhail () Assessment Year: 2008-09 & Assessment Year: 2009-10 & Assessment Year: 2010-11 Mr. Khangaram K. Dewasi, Prop. The Dcit, Central Circle-2(3), Of Shreenathji Metal & Alloys, Mumbai-21 Shop No. 5, Sultan Market, Opp. Vs. Ash Krishna Bldg. Andheri Ghatkoper Road, Sakinaka, Andheri (East), Mumbai-400072. Pan No. Aeepd 8897 C Appellant Respondent Assessee By : Mr. Bharat Kumar, Ar Revenue By : Mr. Ajeya Kumar Ojha, Dr Date Of Hearing : 28/06/2022 Date Of Pronouncement : 05/08/2022

For Appellant: Mr. Bharat Kumar, ARFor Respondent: Mr. Ajeya Kumar Ojha, DR
Section 143(3)Section 147Section 69

131 filed by the Ld. counsel of assessee. ITA Nos. 2805 to 2807/M/2018 ITA Nos. 2805 to 2807/M/2018 6 Mr. Khangaram K. Dewasi, Prop. Of Shreenathji Mr. Khangaram K. Dewasi, Prop. Of Shreenathji Metal & Alloys 5. In ground No. 1 ( In ground No. 1 (wrongly mentioned as ground No. 8), the as ground No. 8), the assessee has challenged validity

KHANGARAM K. DEWASI,MUMBAI vs. DCIT- CC-2(3), MUMBAI

In the result, the appeal

ITA 2806/MUM/2018[2008-09]Status: DisposedITAT Mumbai05 Aug 2022AY 2008-09

Bench: Shri Om Prakash Kant () & Shri Sandeep Singh Karhail () Assessment Year: 2008-09 & Assessment Year: 2009-10 & Assessment Year: 2010-11 Mr. Khangaram K. Dewasi, Prop. The Dcit, Central Circle-2(3), Of Shreenathji Metal & Alloys, Mumbai-21 Shop No. 5, Sultan Market, Opp. Vs. Ash Krishna Bldg. Andheri Ghatkoper Road, Sakinaka, Andheri (East), Mumbai-400072. Pan No. Aeepd 8897 C Appellant Respondent Assessee By : Mr. Bharat Kumar, Ar Revenue By : Mr. Ajeya Kumar Ojha, Dr Date Of Hearing : 28/06/2022 Date Of Pronouncement : 05/08/2022

For Appellant: Mr. Bharat Kumar, ARFor Respondent: Mr. Ajeya Kumar Ojha, DR
Section 143(3)Section 147Section 69

131 filed by the Ld. counsel of assessee. ITA Nos. 2805 to 2807/M/2018 ITA Nos. 2805 to 2807/M/2018 6 Mr. Khangaram K. Dewasi, Prop. Of Shreenathji Mr. Khangaram K. Dewasi, Prop. Of Shreenathji Metal & Alloys 5. In ground No. 1 ( In ground No. 1 (wrongly mentioned as ground No. 8), the as ground No. 8), the assessee has challenged validity

SILMOHAN GEMS PVT LTD. COMPANY,MUMBAI vs. DCIT, CIRCLE-5(3)(1), MUMBAI

In the result, the appeals of the assessee

ITA 471/MUM/2023[2013-14]Status: DisposedITAT Mumbai13 Jun 2023AY 2013-14

Bench: Shri Om Prakash Kant () & Ms. Kavitha Rajagopal ()

For Appellant: Ms. Mitali Mehta a/wFor Respondent: Dr. Kishor Dhule, CIT-DR
Section 40A(3)Section 69C

1. "On the facts and circumstances of the case and in law, the Ld. Silmohan Gems Pvt. Ltd. ITA No. 450 & 449 and 471 & 472/Mum/2023 CIT(A)/NFAC erred in restricting the addition @ 5% of CIT(A)/NFAC erred in restricting the addition @ 5% of CIT(A)/NFAC erred in restricting the addition @ 5% of purchase amount

DCIT 5(3)(1), MUMBAI vs. SILMOHAN GEMS PRIVATE LIMTED , MUMBAI

In the result, the appeals of the assessee

ITA 450/MUM/2023[2012-2013]Status: DisposedITAT Mumbai13 Jun 2023AY 2012-2013

Bench: Shri Om Prakash Kant () & Ms. Kavitha Rajagopal ()

For Appellant: Ms. Mitali Mehta a/wFor Respondent: Dr. Kishor Dhule, CIT-DR
Section 40A(3)Section 69C

1. "On the facts and circumstances of the case and in law, the Ld. Silmohan Gems Pvt. Ltd. ITA No. 450 & 449 and 471 & 472/Mum/2023 CIT(A)/NFAC erred in restricting the addition @ 5% of CIT(A)/NFAC erred in restricting the addition @ 5% of CIT(A)/NFAC erred in restricting the addition @ 5% of purchase amount

DCIT 5(3)(1), MUMBAI vs. SILMOHAN GEMS PRIVATE LIMITED, MUMBAI

In the result, the appeals of the assessee

ITA 449/MUM/2023[2013-2014]Status: DisposedITAT Mumbai13 Jun 2023AY 2013-2014

Bench: Shri Om Prakash Kant () & Ms. Kavitha Rajagopal ()

For Appellant: Ms. Mitali Mehta a/wFor Respondent: Dr. Kishor Dhule, CIT-DR
Section 40A(3)Section 69C

1. "On the facts and circumstances of the case and in law, the Ld. Silmohan Gems Pvt. Ltd. ITA No. 450 & 449 and 471 & 472/Mum/2023 CIT(A)/NFAC erred in restricting the addition @ 5% of CIT(A)/NFAC erred in restricting the addition @ 5% of CIT(A)/NFAC erred in restricting the addition @ 5% of purchase amount

SILMOHAN GEMS PVT LTD. COMPANY,MUMBAI vs. DCIT, CIRCLE-5(3)(1), MUMBAI

In the result, the appeals of the assessee

ITA 472/MUM/2023[2012-13]Status: DisposedITAT Mumbai13 Jun 2023AY 2012-13

Bench: Shri Om Prakash Kant () & Ms. Kavitha Rajagopal ()

For Appellant: Ms. Mitali Mehta a/wFor Respondent: Dr. Kishor Dhule, CIT-DR
Section 40A(3)Section 69C

1. "On the facts and circumstances of the case and in law, the Ld. Silmohan Gems Pvt. Ltd. ITA No. 450 & 449 and 471 & 472/Mum/2023 CIT(A)/NFAC erred in restricting the addition @ 5% of CIT(A)/NFAC erred in restricting the addition @ 5% of CIT(A)/NFAC erred in restricting the addition @ 5% of purchase amount

BALAJI BULLIONS AND COMMODITIES INDIA PRIVATE LIMITED,MUMBAI vs. DCIT CENTRAL CIRCLE 7(1), MUMBAI

The appeal of the Revenue is allowed for statistical purposes

ITA 3755/MUM/2025[2017-18]Status: DisposedITAT Mumbai23 Feb 2026AY 2017-18

Bench: Shri Om Prakash Kant () & Ms. Kavitha Rajagopal () Assessment Year: 2017-18

For Appellant: Shri Sharwan Kumar Jha, Adv
Section 133ASection 143(1)

section 69C of the Act. The said amount was accordingly t. The said amount was accordingly Balaji Bullions And Commodities India Private Balaji Bullions And Commodities India Private 7 Limited ITA No. 3755 & 3915/MUM/2025 ITA No. added to the total income of the assessee. added to the total income of the assessee. The relevant finding of th The relevant finding

SURESH L. SATYANI,MUMBAI vs. ITO 23(3)(4), MUMBAI

In the result, appeal filed by the assessee in ITA No

ITA 3452/MUM/2016[2010-11]Status: DisposedITAT Mumbai25 Apr 2017AY 2010-11

Bench: Shri C.N. Prasad & Shri Ramit Kochar

For Appellant: Shri Biren GabhawalaFor Respondent: Shri B.S. Bist, DR
Section 143(1)Section 143(2)Section 143(3)Section 147Section 148

Section 40A(3) of the Act. By adopting these measures, the purchases were inflated as raw material diamond were available in grey market at much lower ITA 3452/Mum/2016 6 price .The diamond merchants issues cheques in favour of benami concerns against purchase bills obtained by them against which they receive cash. The list of such benami companies was found during

KIRAN NAVIN DOSHI,MUMBAI vs. ITO -23(2)(4), MUMBAI

In the result, the assessee’s appeal for A

ITA 2601/MUM/2016[2009-10]Status: DisposedITAT Mumbai18 Jan 2017AY 2009-10

Bench: Shri Jason P. Boaz & Shri Saktijit Deysmt. Kiran Navin Doshi Income Tax Officer-23(2)(4) D-705, Kalp Nagri C-10, Pratyksha Kar Bhavan Vs. B.R. Road, Mulund (W) Bkc, Bandra East Mumbai 400080 Mumbai Pan – Abwpd5848A Appellant Respondent

For Appellant: NoneFor Respondent: Shri Milind Rajguru
Section 143Section 143(1)Section 143(3)Section 147Section 148Section 69C

131 was issued. Therefore, the initial dispute was with regard to genuineness of the transaction regarding purchase of wool from the parties, the assessee had failed to discharge the onus to prove the genuineness of the transactions, mere mentioning of Section 68 did not affect the addition made when transactions were found bogus." 7.20. In Sanjay Oilcake Industries vs. Commissioner

ITO 24(1)(4), MUMBAI vs. DEEPAK KHUSALDAS MEHTA, MUMBAI

In the result, the appeal filed by the Revenue in ITA N0

ITA 3019/MUM/2014[2010-11]Status: DisposedITAT Mumbai11 Aug 2016AY 2010-11

Bench: Shri Saktijit Dey & Shri Ramit Kocharआयकर अपील सं./I.T.A. No.3019/Mum/2014 ("नधा"रण वष" / Assessment Year : 2010-11) Income Tax Officer – Shri Deepak Khusaldas बनाम/ 24(1)(4), Mehta, V. R. No. 502, Prop. Mehta Steel C-13, Syndicate, Pratyaksha Kar Bhavan, 201, Ganga, R.S. Marg, Bandra-Kurla Complex, Malad (East) Bandra (East), Mumbai –400 097. Mumbai – 400 051`. "थायी लेखा सं./Pan : Aabpm7200P (अपीलाथ" /Appellant) .. (""यथ" / Respondent)

For Appellant: Shri K.P. KapadiaFor Respondent: Shri Vishwas Jadhav
Section 143(2)Section 143(3)

section 143(3) of the Act vide order dated 31/12/2009 wherein, the income of the assessee was determined at Rs.3,87,89,670/-. 3.1 Aggrieved by the order of assessment for assessment year 2007-08 dated 31/12/2009, the assessee preferred an appeal before the CIT(Appeals)-31, Mumbai. The CIT(Appeals) disposed off the assessee’s appeal vide the impugned

M/S.BALAJI BULLION & COMMODITIES (INDIA) PRIVATE LIMITED,MUMBAI vs. DCIT CENTRAL CIRCLE-40, MUMBAI

In the result, both the appeals are allowed

ITA 1291/MUM/2018[2009-10]Status: DisposedITAT Mumbai29 Apr 2022AY 2009-10

Bench: Shri Prashant Maharishi, Am & Shri Amarjit Singh, Jm Balaji Bullion & Commodities The Dy. Commissioner Of (India) Private Limited Income–Tax, 118/120, 3Rd Floor, Ashoka Central Circle–40, Vs. House Zavri Baazar, Mumbai Mumbai-400 002 (Appellant) (Respondent) Pan No. Aadcbo236F Balaji Universal Tradelinks P. The Dy. Commissioner Of Ltd. Income–Tax, 118/120, 3Rd Floor, Ashoka Central Circle–40, Vs. House Zavri Baazar, Mumbai Mumbai-400 002

For Appellant: Shri N.M. Porwal, AdvFor Respondent: Shri Dr. Mahesh Akhade, CIT DR
Section 10ASection 153ASection 153BSection 37Section 68

Bogus Share Application money under section 68 of the IT Act, 1961. Looking to the facts and in the circumstances of your Appellant's case the said addition made by the Ld. A.O. is incorrect and invalid and ought to be deleted as the provisions of section 68 has been complied with. 7. On the facts and in the circumstances

DCIT 4(3)(2), MUMBAI vs. SUNRISE METALLIC (INDIA) P.LD, MUMBAI

In the result, appeal of Revenue is dismissed

ITA 3628/MUM/2017[2009-10]Status: DisposedITAT Mumbai23 Mar 2018AY 2009-10

Bench: Shri R.C.Sharma, Am & Shri Sandeep Gosain, Jm Dcit 4(3)(2) Vs. M/S. Sunrise Metallic R.No.649, 6Th Floor (India) Pvt. Ltd., Aayakar Bhavan Shiva Industrial Estate, Mumbai – 400 020 Near Tata Power House Lake Road, Bhandup (W) Mumbai – 400 078 Pan/Gir No.Aajcs2965E Appellant) Respondent) ..

Section 147

1) has directed the authorities to pursue.recoveries against the defaulting selling dealers. The appellant has further contended that the above parties had defaulted in not paying VAT in the government treasury which does not mean that the purchases from these parties were bogus, since the parties could have given false statement to save them from the action of the Sales