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4 results for “bogus purchases”+ Demonetizationclear

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Key Topics

Section 143(3)6Section 686Cash Deposit4Demonetization4Section 133(6)3Section 2503Section 2633Addition to Income3Unexplained Money2Double Taxation/DTAA

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)

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

2
Natural Justice2

M/S PREMJI VALJI & SONS,,RAJKOT-GUJARAT vs. THE PR. CIT-1, RAJKOT, RAJKOT

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

ITA 125/RJT/2022[2017-18]Status: DisposedITAT Rajkot09 Sept 2022AY 2017-18

Bench: Shri Waseem Ahmed & Shri Siddhartha Nautiyalआयकर अपील सं./Ita No. 125/Rjt/2022 िनधा"रण वष"/Asstt. Years: 2017-2018 M/S Premji Valji & Sons, The Principal Commissioner Of “Kuvarjibhai Tower”, Vs. Income Tax, Palace Road, Rajkot-1, Rajkot. Rajkot. Pan: Aacfp7696K

For Appellant: Shri R.D. Lalchandani, A.RFor Respondent: Shri Aarsi Prasad, CIT. D.R
Section 143(3)Section 263Section 269S

demonetization period is already submitted along with day wise chart in our submission dated 11/10/2019 also Scan copies Sales Invoice are attached in our submission dated 30/10/2019. 114 VAT Returns: Month Wise VAT Return from April 16 to Dec. 16 is already given in our earlier submission dated 30.10.2019 Ack Receipt is attached herewith. 15 Cash Book Cash Books From

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

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