In the result, the ground so taken by the assessee so far as it relates to challenging the order of the AO as passed beyond the period of limitation is hereby allowed
Bench: Justice (Retd.) Shri C.V. Bhadang & Shri Vikram Singh Yadav
bogus purchases from three other parties, namely, Greenfield Overseas, Arihant International and Marque Global was brought to tax as unexplained expenditure u/s 69C of the Act and assessed income was determined at Rs. 4,32,95,82,203/- and assessment order u/s. 143(3) r.w.s. 147 of the Act was passed vide order dt. 23-06-2022. 7. The assessee