THE DCIT, CIRCLE-1 (1), , RAJKOT vs. M/S. DHRUV CRAFT MILL PVT. LTD., VILLAGE: - LILAPAR, TAL. & DIST. MORBI,

In the result, both the appeals filed by the Revenue are hereby dismissed

Bench: Shri Waseem Ahmed (Accountant Member), Shri T.R. Senthil Kumar (Judicial Member)

addition To Whether since purchases were not bogus but were made from parties other than those mentioned in books of account, only profit element embedded in such purchases could be added to assessee's income

THE DCIT, CIRCLE-1 (1), , RAJKOT vs. M/S. DHRUV CRAFT MILL PVT. LTD., VILLAGE: - LILAPAR, TAL. & DIST. MORBI,

In the result, both the appeals filed by the Revenue are hereby dismissed

Bench: Shri Waseem Ahmed (Accountant Member), Shri T.R. Senthil Kumar (Judicial Member)

addition To Whether since purchases were not bogus but were made from parties other than those mentioned in books of account, only profit element embedded in such purchases could be added to assessee's income

PRAVINBHAI MOHANBHAI VADI,JAMNAGAR vs. PR. COMMISSIONER OF INCOME TAX, JAMNAGAR, JAMNAGAR

In the result, appeal filed by the assessee is allowed

Bench: Dr. Arjun Lal Saini & Shri Dinesh Mohan Sinhaआयकर अपील सं/.Ita No.102/Rjt/2025 "नधा"रणवष"/ Assessment Year: 2021-22 Pravinbhai Mohanbhai Vadi The Pr. Commissioner Of बनाम Flat No.1, Prabhudeep Apartment Income Tax, Jamanagar. Air Force-2 Road Vs. Jamnagar. Pan : Agzpv6946P (अपीलाथ"/Assessee) : (""यथ"/Respondent) "नधा"रती क" ओर से/Assessee By : Shri Chetan Agarwal, Ld.Ar राज"व क" ओर से/Revenue By : Shri Sanjay Punglia, Ld.Cit-Dr

addition made by the AO on account of bogus purchases, which is not acceptable, because only profit element embedded in the purchases were disallowed by the assessing officer, which is Pravinbhai Mohanbhai Vadi ITA No.102 /RJT/2025 5 acceptable. The AO has examined all the documentary evidences submitted by the assessee and took a plausible view and added

M/S. PREMJI VALJI & SONS (JEWELLERS) P. LTD.,RAJKOT vs. THE DCIT, CIRCLE - 2 (1), RAJKOT, RAJKOT

In the result, the appeal filed by the assessee is partly allowed for the statistical purposes

Bench: Ms Suchitra Kamble & Shri Waseem Ahmed, Accountant, Judic Member आयकरअपीलसं./Ita Nos.257 & 223/Rjt/2022 निर्धररवरध/Asstt. Years: 2010-11 & 2012-13 M/S Premji Valji & Sons D.C.I.T, (Jewellers) Pvt. Ltd. Vs. Circle-2(1), “Kuvarjibhai Tower” Rakot. Palace Road, Rajkot-360001. Pan: Aaccp2555N

bogus purchases amounting to Rs. 11,99,268/- which cannot be allowed as deduction u/s 37(1) of the Act. Thus, the Assessing Officer disallowed the same and added to the total income of the assessee. 10. Aggrieved assessee preferred an appeal before the ld. CIT(A) who has restricted the addition

THE INCOME TAX OFFICER, WARD-4,, MORBI vs. M/S. RANG CERA COAT, , MORBI

The appeal of the Revenue is dismissed

Bench: Mrs. Annapurna Gupta & Shri T.R. Senthil Kumar"नधा"रणवष"/Assessment Year: 2011-12 Income Tax Officer, Vs. M/S. Rang Cera Coat, Ward-4, 8-A, National Highway, Morbi Morbi Pan :Aalfr 1616 A अपीलाथ"/ (Appellant) "" यथ"/ (Respondent) Revenue By : Shri B.D. Gupta, Sr. Dr Assessee By : Shri Vimal Desai, Ar सुनवाई क" तार"ख/Date Of Hearing : 14.11.2022 घोषणा क" तार"ख /Date Of Pronouncement: 25.01.2023

addition made by the Assessing Officer on account of bogus purchases to the tune of Rs.1,87,63,920/-, restricting it to the Gross Profit element thereon amounting to Rs.9,38,196/-. 4. The facts of the case being that the Assessing Officer was in possession of information received from the office of the Director General of Income

M/S. PREMJI VALJI & SONS (JEWELLERS) P. LTD.,RAJKOT vs. THE DCIT, CIRCLE - 2 (1), RAJKOT, RAJKOT

In the result, the appeal of the assessee is partly allowed for statistical purposes

Bench: Shri Waseem Ahmed (Accountant Member), Shri Siddhartha Nautiyal (Judicial Member)

bogus purchases amounting to Rs. 56,77,000/- which cannot be allowed as deduction u/s 37(1) of the Act. Thus, the Assessing Officer disallowed the same and added to the total income of the assessee. 7. Aggrieved assessee preferred an appeal before the ld. CIT(A) who has restricted the addition

SHREE N H ENTERPRISES,RAJKOT vs. PCIT-1 RAJKOT, RAJKOT

In the result, appeal filed by the assessee is allowed

Bench: Dr. Arjun Lal Saini & Shri Dinesh Mohan Sinhaआयकर अपील सं/.Ita No. 227/Rjt/2025 िनधा"रण वष"/ Assessment Year: (2021-22) Shree N. H. Enterprises बनाम/ Pcit-1, D-101, Golden Portico Apartment, Dr. Income Tax Office, Vs. Madhapar Circle, Morbi Road, Rajkot- Rajkot-360007 360007 /. /. Pan/Gir No.: Adlfs7019K "थायीलेखासं जीआइआरसं (अपीलाथ"/Assessee) .. (""यथ"/Respondent) िनधा"रती क" ओर से/Assessee By : Shri Chetan Agarwal, Ld. Ar राज"व क" ओर से/Revenue By : Shri Sanjay Punglia, Ld. Cit(Dr) सुनवाई क" तारीख /Date Of Hearing : 07/10/2025 : 20/11/2025 घोषणा क" तारीख /Date Of Pronouncement

addition in the hands of the assessee at the rate of 25% of bogus purchases. Therefore, order passed by the assessing officer should not be erroneous and prejudicial to the interest of the revenue. 6. However, learned PCIT rejected the above contention of the assessee and held that the assessment order was passed without making inquiries or 3 Shree

ASSISTANT COMMISSIONER OF INCOME TAX, GANDHIDHAM vs. KAMLESH DEORAJ JAIN, GANDHIDHAM

In the result, the appeal of the Revenue is dismissed

Bench: Dr. Arjun Lal Saini, Am. & Dr. Dinesh Mohan Sinha, Jm आयकरअपीलसं./Ita No. 594/Rjt/2025 "नधा"रणवष" / Assessment Year: (2017-18) (Hybrid Hearing) Assistant Commissioner Of Income Vs. Kamlesh Deoraj Jain, Tax, Bbz-N-108, Khanna Market, Plot No. 20/A, Sector No. 8, Gandhidham, Gandhidham Gandhidham Gujarat 370201 Gujarat 370201 "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Adopj1769Q (Appellant) (Respondent) Appellant By : Shri Sunil Maloo, Ld. Ar Respondent By : Shri Abhimanyu Singh Yadav Ld. Sr. Dr Date Of Hearing : 01 / 12 /2025 Date Of Pronouncement : 21/ 01 /2026

Income Tax Act. and an addition amounting Rs 2,94,72,993/ being 12.5% of total purchase transaction stating the entire purchase are bogus

SINGHVI TRADELINK PRIVATE LIMITED,GANDHIDHAM vs. ITO, WARD - 2, GANDHIDHAM, GANDHIDHAM

In the result, the appeal of the assessee is partly allowed

bogus purchases, only profit element embedded therein would be\nsubjected to tax.\nWe are agree with the contention of the assessee that only profit element was\nto be added in the total income, and we modify the addition

PRIYANSI CORPORATION,DIST RAJKOT vs. DCIT, CC-1, RAJKOT, RAJKOT

bogus purchases, unaccounted cash loans,\nunaccounted payments, unaccounted receipts etc. The assessing officer noted\nthat seized documents containing name of the assessee are speaking documents\nand the seized page nos. A4-45, A8-180 are the invoices raised by Shamji\nKangad& Co. (entity owned by the member of Neelkangh Group) in the name\nof the assessee on various dates during

THE DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1,, RAJKOT-GUJARAT vs. M/S. CLASSIC NETWORK LIMITED,, RAJKOT-GUJARAT

In the result, appeal filed by the assessee in ITA No

Bench: Dr. Arjun Lal Saini & Dr. Dinesh Mohan Sinha

addition on account of the grounds of appeal amounting to Rs.3,02,56,860/- is confirmed for all the four assessment years. The year wise income under the head Business is arrived accordingly and detailed hereunder.- Sr. No. Year Assessment Suppressed Bogus Total Income @ Sales Purchases

M/S. CLASSIC NETWORK LIMITED,,RAJKOT-GUJARAT vs. THE DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-1,, RAJKOT-GUJARAT

In the result, appeal filed by the assessee in ITA No

Bench: Dr. Arjun Lal Saini & Dr. Dinesh Mohan Sinha

addition on account of the grounds of appeal amounting to Rs.3,02,56,860/- is confirmed for all the four assessment years. The year wise income under the head Business is arrived accordingly and detailed hereunder.- Sr. No. Year Assessment Suppressed Bogus Total Income @ Sales Purchases

M/S. CLASSIC NETWORK LIMITED,,RAJKOT-GUJARAT vs. THE DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-1,, RAJKOT-GUJARAT

In the result, appeal filed by the assessee in ITA No

Bench: Dr. Arjun Lal Saini & Dr. Dinesh Mohan Sinha

addition on account of the grounds of appeal amounting to Rs.3,02,56,860/- is confirmed for all the four assessment years. The year wise income under the head Business is arrived accordingly and detailed hereunder.- Sr. No. Year Assessment Suppressed Bogus Total Income @ Sales Purchases

THE ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-1, RAJKOT-GUJARAT vs. M/S. CLASSIC NETWORK LIMITED,, RAJKOT-GUJARAT

In the result, appeal filed by the assessee in ITA No

Bench: Dr. Arjun Lal Saini & Dr. Dinesh Mohan Sinha

addition on account of the grounds of appeal amounting to Rs.3,02,56,860/- is confirmed for all the four assessment years. The year wise income under the head Business is arrived accordingly and detailed hereunder.- Sr. No. Year Assessment Suppressed Bogus Total Income @ Sales Purchases

THE DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-1,, RAJKOT-GUJARAT vs. M/S. CLASSIC NETWORK LIMITED,, RAJKOT-GUJARAT

In the result, appeal filed by the assessee in ITA No

Bench: Dr. Arjun Lal Saini & Dr. Dinesh Mohan Sinha

addition on account of the grounds of appeal amounting to Rs.3,02,56,860/- is confirmed for all the four assessment years. The year wise income under the head Business is arrived accordingly and detailed hereunder.- Sr. No. Year Assessment Suppressed Bogus Total Income @ Sales Purchases

M/S. CLASSIC NETWORK LIMITED,,RAJKOT-GUJARAT vs. THE DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-1,, RAJKOT-GUJARAT

In the result, appeal filed by the assessee in ITA No

Bench: Dr. Arjun Lal Saini & Dr. Dinesh Mohan Sinha

addition on account of the grounds of appeal amounting to Rs.3,02,56,860/- is confirmed for all the four assessment years. The year wise income under the head Business is arrived accordingly and detailed hereunder.- Sr. No. Year Assessment Suppressed Bogus Total Income @ Sales Purchases

M/S. CLASSIC NETWORK LIMITED,,RAJKOT-GUJARAT vs. THE DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-1,, RAJKOT-GUJARAT

In the result, appeal filed by the assessee in ITA No

Bench: Dr. Arjun Lal Saini & Dr. Dinesh Mohan Sinha

addition on account of the grounds of appeal amounting to Rs.3,02,56,860/- is confirmed for all the four assessment years. The year wise income under the head Business is arrived accordingly and detailed hereunder.- Sr. No. Year Assessment Suppressed Bogus Total Income @ Sales Purchases

THE DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1,, RAJKOT-GUJARAT vs. M/S. CLASSIC NETWORK LIMITED,, RAJKOT-GUJARAT

In the result, appeal filed by the assessee in ITA No

Bench: Dr. Arjun Lal Saini & Dr. Dinesh Mohan Sinha

addition on account of the grounds of appeal amounting to Rs.3,02,56,860/- is confirmed for all the four assessment years. The year wise income under the head Business is arrived accordingly and detailed hereunder.- Sr. No. Year Assessment Suppressed Bogus Total Income @ Sales Purchases

M/S. CLASSIC NETWORK LIMITED,,RAJKOT-GUJARAT vs. THE DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-1,, RAJKOT-GUJARAT

In the result, appeal filed by the assessee in ITA No

Bench: Dr. Arjun Lal Saini & Dr. Dinesh Mohan Sinha

addition on account of the grounds of appeal amounting to Rs.3,02,56,860/- is confirmed for all the four assessment years. The year wise income under the head Business is arrived accordingly and detailed hereunder.- Sr. No. Year Assessment Suppressed Bogus Total Income @ Sales Purchases