M/S. AGARWAL PETROCHEM PVT.LTD,,MUMBAI vs. ASSISTANT COMMISSIONER OF INCOME-TAX, PANVEL CIRCLE,, PANVEL
In the result, the appeal is partly allowed for statistical purposes
ITA 1003/PUN/2018[2011-12]Status: DisposedITAT Pune26 Sept 2019AY 2011-12
Bench: Shri R.S.Syal, Vp & Shri Partha Sarathi Chaudhury, Jm
Bogus purchases group
purchases respectively. Aggrieved thereby, the assessees as well as the
Revenue have come up in appeals before the Tribunal.
5. We have heard both the sides and gone through the relevant
material on record. First we deal with the disposal of objection to the
initiation of reassessment