SHETKARI SOLVENT (INDIA) LIMITED,NAGPUR vs. ACIT C.C. 1(1), NAGPUR
In the result, the appeal of the assessee is allowed for statistical purposes
ITA 137/NAG/2012[2007-08]Status: DisposedITAT Nagpur27 Mar 2019AY 2007-08
Bench: Shri D. Karunakara Rao, Am & Shri Vikas Awasthy, Jm आयकर अपील सं. / Ita No.137/Nag/2012 िनधा"रण वष" / Assessment Year : 2007–08 Shetkari Solvent (India) Ltd., Ug–7&8, Jagat Chambers, Near Ambedkar Sqr, Central Avenue, Bagadganj, Nagpur–440008. .......अपीलाथ" / Appellant Pan : Aabcs0105N बनाम / V/S. Acit, Central Circle–1(1), ……""यथ" / Respondent Nagpur. Assessee By : Shri Abhay Agarwal, Adv. Revenue By : Shri U. U. Kasar, Dr सुनवाई क" तारीख / Date Of Hearing : 26.03.2019 घोषणा क" तारीख / Date Of Pronouncement : 27.03.2019 आदेश / Order Per D. Karunakara Rao, Am: This Appeal Is Filed By The Assessee Against The Order Of Cit(A)-1, Nagpur Dated 11.01.2012 For The Assessment Year 2007-08. 2. The Revised Grounds Raised By The Assessee Are As Under :– “1. That The Learned Cit(A) Erred In Confirming The Addition Of Rs.5,79,60,000 On Account Of Alleged Bogus Purchases Of Soya Doc
For Appellant: Shri Abhay Agarwal, AdvFor Respondent: Shri U. U. Kasar, DR
Section 139Section 153C
7
the Assessing Officer in connection with the evidences gathered by him against the assessee. Before us, the assessee filed a written submission and the same are extracted hereunder :-
“1. The learned AO erred in disallowing the entire purchases of Poha
Bhusa and Soya DOC purchased from specified parties amounting to Rs.8,06,65,900. The learned AO erred
