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6 results for “bogus purchases”+ Demonetizationclear

Sorted by relevance

Delhi160Mumbai49Jaipur49Chennai46Ahmedabad39Agra19Surat18Lucknow18Chandigarh18Jodhpur15Bangalore11Guwahati7Indore7Kolkata7Pune6Rajkot6Amritsar4Raipur4Jabalpur2Hyderabad2Visakhapatnam1Dehradun1Patna1Ranchi1Varanasi1Cuttack1

Key Topics

Section 686Section 2635Section 2504Section 143(3)4Cash Deposit4Demonetization4Addition to Income4Section 133(6)3Section 143(2)2Limitation/Time-bar

BABUBHAI KANJIBHAI SAKARIYA LEGAL HEIR OF LATE SMT. UJIBEN KANJIBHAI SAKARIYA,JETPUR vs. ITO WARD 1(2)(1), RAJKOT, RAJKOT

In the result, the appeal filed by the assessee is allowed

ITA 185/RJT/2025[2016-17]Status: DisposedITAT Rajkot04 Nov 2025AY 2016-17
Section 147

demonetization\nperiod 09.11.2016 to 31.12.2016 in which SBN (old notes) cash deposit was\nat Rs. 19,00,000/-. In response to the summons, Legal heir of assessee field\nreply and informed the income tax authorities that assessee had passed\naway on 24-12-2018 and requested to drop the proceedings. Thereafter, the\ncase of the assessee was reopened

NARANJI RAJARAM DAVE,PORBANDAR vs. INCOME-TAX OFFICER, WARD-2(3), PORBANDAR , PORBANDAR, GUJARAT

In the result, the appeal of the assessee is allowed

ITA 822/RJT/2024[2017-18]Status: DisposedITAT Rajkot29 Oct 2025AY 2017-18

Bench: Dr. Arjun Lal Saini & Shri Dinesh Mohan Sinhaआयकरअपीलसं./Ita No. 822/Rjt/2024 ("नधा"रणवष"/Assessment Year: (2017-18) Naranji Rajaram Dave, Income Tax Officer, Wd -2(3), Vs. Porbandar-360575 17, 17 Naranji Rajaram Dave, Suttar Vada, Porbandar, Suttar Vada, Porbandar-360575 "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Acjpd8823B (अपीलाथ"/Appellant) (""यथ"/Respondent)

2
Condonation of Delay2
Unexplained Money2
For Appellant: Shri Sagar Shah, Ld. ARFor Respondent: Shri Abhimanyu Singh Yadav, Ld. Sr. DR
Section 133(6)Section 139Section 143(2)Section 143(3)Section 250Section 60

demonetization period, the Assessee has deposited Rs. 50,80,000/- in his two bank accounts of Porbandar Commercial Co-operative Bank Ltd and HDFC Bank Ltd. Therefore, assessing officer, issued show -cause notice to the assessee, to explain the cash deposit in the bank accounts. 2 Naranji R. Dave 4. In response to the show cause notice, of the assessing

M/S. GREEN EARTH BIOGAS PVT. LTD.,SURENDRANAGAR vs. THE PR. CIT-3, AHMEDABAD, AHMEDABAD

In the result, appeal filed by the assessee is dismissed

ITA 185/RJT/2023[2017-18]Status: DisposedITAT Rajkot17 Jul 2025AY 2017-18
Section 263

purchase of Plant & Machinery.\nThis credit amount requires to be added u/s 68 being unaccounted money\nintroduced in the books of account in the garb of cash sales. It is quite\nevident from the details available on record that the then assessing officer\nfailed to examine this issue and failed to make required addition by\ncarrying out proper investigation

HARESH MOHANLAL PATEL,RAJKOT vs. ITO, WARD-2(1)(4), RAJKOT, RAJKOT

In the result, the assessee's appeal is partly allowed, in about terms

ITA 725/RJT/2024[2017-18]Status: DisposedITAT Rajkot07 May 2025AY 2017-18
For Appellant: Shri Mehul Ranpura, ARFor Respondent: Shri Abhimanyhu Singh, Sr-DR
Section 142(1)Section 143(1)Section 143(2)Section 143(3)Section 250Section 69A

purchase another property, therefore, the assessee withdrew\ncash from the bank but after withdrawal of the cash from the from bank\naccount, the Demonetization Scheme was announced by the Central\nGovernment, therefore, deposited the same in the bank account. We find that\nthe amount deposited during demonetization period to the tune of\nRs.11,51,000/-, was partly from the property

GRENIC TILES PRIVATE LIMITED,WANKANER-MORBI vs. ASST.COMMISSIONER OF INCOME-TAX CIRCLE 1(1) RKT, RAJKOT

The appeal of the assessee is allowed, whereas\nappeal of the revenue is dismissed

ITA 624/RJT/2025[2017-18]Status: DisposedITAT Rajkot11 Mar 2026AY 2017-18
Section 133(6)Section 143(3)Section 250Section 68

demonetization period, as comparison to earlier\nperiod, hence, such genuine cash sales, should not be doubted. We note that\nSection 44AA refers to Maintenance of Accounts. Section 44AA(3) refers\nto the Boards power to prescribe by Rules, the books and other documents\nto be maintained. The Books of Accounts and other documents to be kept\nand maintained under Section

ACIT CIRCLE-1(1), RAJKOT, RAJKOT vs. GRENIC TILES PVT LTD, MORBI

The appeal of the assessee is allowed, whereas\nappeal of the revenue is dismissed

ITA 682/RJT/2025[2017-18]Status: DisposedITAT Rajkot11 Mar 2026AY 2017-18
For Appellant: Shri R. K. Doshi, Ld. ARFor Respondent: Shri Abhimanyu Singh Yadav, Ld.Sr.DR
Section 133(6)Section 143(3)Section 250Section 68

demonetization period, as comparison to earlier\nperiod, hence, such genuine cash sales, should not be doubted. We note that\nSection 44AA refers to Maintenance of Accounts. Section 44AA(3) refers\nto the Boards power to prescribe by Rules, the books and other documents\nto be maintained. The Books of Accounts and other documents to be kept\nand maintained under Section