PR COMMISSIONER OF INCOME TAX-I, JALANDHAR vs. M/S SUPERTECH FORGINGS PVT LTD
Appeal is dismissed
ITA/101/2022HC Punjab & Haryana05 Sept 2023
Bench: MS. JUSTICE RITU BAHRI,MRS. JUSTICE MANISHA BATRA
Section 143(3)Section 147Section 148
purchases made from Madan Lal
Pahuja M/s. Shiv BholeKirpa Traders Rs.1.05 Cr., Lovy Steel and Allied
Industries Rs.0.17 Cr and Jatinder Kumar, Proprietor Shree Nath Ispat
Udhyog Rs.2.06 Cr. were bogus and as such there was escapement of
income to the tune of Rs.4.26 Crores.
3.
Reassessment
