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1 result for “bogus purchases”+ Section 194Hclear

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Section 684

BHADANES HITECH TECHNOLOGY COMPUTER PVT.LTD,,NASHIK vs. INCOME-TAX OFFICER, WARD - 1(1),, NASHIK

Appeal is partly allowed in above terms

ITA 1289/PUN/2018[2013-14]Status: DisposedITAT Pune14 Jul 2022AY 2013-14

Bench: Shri S.S. Godara & Dr. Dipak P. Ripoteनिर्धारण वषा / Assessment Year : 2013-14 Bhadanes Hitech Technology Vs. Ito, Ward Computer Pvt. Ltd. 1(1), Nashik Flat No.10, Padmavishwa Plaza, Nashik Pune Road, Tagore Nagar, Nashik – 422006 Pan : Aadcb9102E Appellant Respondent

Section 143(3)Section 68

purchasing the assessee's shares for the amounts reported by it. Besides, us to whether the transaction was genuine or not is a pure finding of fact which has concurrently been rendered against the assessee.” 6.17 Reference is invited to the decision of Hon’ble Delhi High Court in the case of Riddhi Promoters Pvt. Ltd. 232 Taxman 430 dated