Search: bogus purchases

1 result for “bogus purchases”+ Rectification u/s 154clear

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Section 1544 Section 115J3 Section 143(3)3 Section 1472

DCIT, CIRCLE-1, PATNA vs. M/S ALKEM LABORATORIES LTD, PATNA

In the result, the appeal of the revenue is dismissed

ITA 219/PAT/2018[2010-11]Status: DisposedITAT Patna29 Sept 2022AY 2010-11

Section 115Section 115JSection 143(3)Section 147Section 148Section 14ASection 154Section 250(6)Section 35

bogus purchase. Re-assessment order passed on 30-12- 2016 assessing income u/s. 147 of the Act at Rs.75,18,15,733/-. 4. Thereafter, the ld. AO carried out proceedings u/s.154 of the Act for rectifying the mistakes apparent on record/made while completing the assessment for A.Y 2010-11 u/s. 143(3) of the Act on 11-03-2013. During