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1 result for “bogus purchases”+ Section 271(1)(b)clear

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Key Topics

Section 143(3)3

YASHWANT SINGH,PATNA vs. DCIT, PATNA

In the result, the appeals of the assessee ITA Nos

ITA 416/PAT/2024[2017-18]Status: DisposedITAT Patna22 Jan 2025AY 2017-18
Section 143(3)Section 144Section 147Section 250Section 271(1)(b)

purchased the agricultural produce from the\nassessee. However, the Assessing Officer was not satisfied with the aforesaid\nstatement given by Shri Ram Prakash Rai and also noted that the said\nstatement was given by Shri Ram Prakash Rai at the instance of the assessee.\nThe Assessing Officer concluded that the assessee had failed to establish that\nthe aforesaid income shown