M/S PSP TRADING PVT LTD,PATNA vs. ITO, WARD- 2 (1), PATNA
In the result, the appeal of the assessee is allowed
ITA 121/PAT/2025[2018-19]Status: HeardITAT Patna09 Dec 2025AY 2018-19
Section 133(6)Section 139Section 147Section 148Section 37
270. The case of the assessee was reopened u/s 147 of the Act by issuing notice u/s 148 of the Act on 25.03.2022, on the ground that the assessee has made bogus and fictitious purchases worth of\n₹49,98,500/- during the year from Divine Alloys & Power Co. Ltd. without actual supply of materials . The assessee filed the return
