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5 results for “bogus purchases”+ Section 36(1)(iii)clear

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Key Topics

Section 143(3)8Section 2637Section 153A7Section 1485Section 1475Section 41(1)4Addition to Income4Search & Seizure3Section 132(1)2

ACIT, CIRCLE-3, RANCHI vs. SHRI SUMIT RAMSISARIA, RANCHI

ITA 222/RAN/2019[2015-16]Status: DisposedITAT Ranchi11 Dec 2020AY 2015-16

Bench: Shri J.Sudhakar Reddy & Shri S.S.Godara

Section 133(6)Section 143(3)Section 41(1)

iii) The AR stated that the appellant has incurred expenses on account of purchase of materials of Rs.4,10,78,735/- and on account of business expenses of Rs. 26,98,782/-. Thereafter, the AR stated that, the AO has accepted the claim on account of purchase of material, business expenses etc. and rightly allowed the claim ITA No.222/R/2019 & C.O.12/R/2019

PADAM KUMAE JAIN,RANCHI vs. CIT, CENTRAL, PATNA

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

ITA 289/RAN/2019[2012-13]Status: DisposedITAT Ranchi08 Jul 2020AY 2012-13
Section 133(6)2
Bogus/Accommodation Entry2
Deduction2

Bench: Shri S.S. Godara, Jm & Dr. A.L. Saini, Am आयकरअपीलसं./Ita No.289/Ran/2019 (िनधा"रणवष" / Assessment Year: 2012-13) Padam Kumar Jain Vs. Cit, Central, Cr Building, Beer Chand Patel Marg, Patna – 800001. Ratanlalsurajmal Compound, Main Road, Ranchi – 834001, Jharkhand "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Abrpj 0001 E (Assessee) .. (Revenue)

For Appellant: Shri M.K. Chaudhury & Shri Devesh Poddar, AdvocateFor Respondent: Shri Inderjeet Singh, CIT (DR)
Section 132(4)Section 143(3)Section 153ASection 263

36) Please furnish details of fixed assets added, also furnish the documentary evidence of same. (37) Please furnish the details of immovable property sold/purchased. Sl. No. Sale/purchase deed no Area Sale/purchase Stamp value with date consideration (38) Please furnish copies of sales tax / VAT return filed along with copies of challans of agricultural tax/sales tax/VAT paid/service tax/excise duty paid

ACIT CENTRAL CIRCLE, JAMSHEDPUR vs. M/S SURAJ SOLUTION PVT LTD, JAMSHEDPUR

In the result, both appeals of the Revenue are dismissed and the

ITA 72/RAN/2017[2012-13]Status: DisposedITAT Ranchi29 Nov 2018AY 2012-13

Bench: Shri N.S.Saini & Shri Pavan Kumar Gadale

Section 132(1)Section 143(3)Section 147Section 148

III. The CIT(A) has erred in relying on the evidences about the permission of Railway Authorities obtained for the Clinker Handling work at the Goods shed. While doing so he totally overlooked whether actual execution of work had been done by the alleged party or whether any services were provided to the assessee company as handling charges

ACIT CENTRAL CIRCLE , JAMSHEDPUR vs. M/S SURAJ SOLUTIONS PVT LTD , JAMSHDPUR

In the result, both appeals of the Revenue are dismissed and the

ITA 184/RAN/2017[11-12]Status: DisposedITAT Ranchi29 Nov 2018

Bench: Shri N.S.Saini & Shri Pavan Kumar Gadale

Section 132(1)Section 143(3)Section 147Section 148

III. The CIT(A) has erred in relying on the evidences about the permission of Railway Authorities obtained for the Clinker Handling work at the Goods shed. While doing so he totally overlooked whether actual execution of work had been done by the alleged party or whether any services were provided to the assessee company as handling charges

KULDIP SINGH,RANCHI vs. DCIT/ACIT, CIRCLE-1, RANCHI

In the result, the appeal of the assessee is allowed

ITA 180/RAN/2025[14-15]Status: DisposedITAT Ranchi10 Feb 2026

Bench: Shri Sonjoy Sarma & Shri Ratnesh Nandan Sahayi.T.A. No.180/Ran/2025 Assessment Year: 2014-15 Kuldip Singh…………………….……….……...................……….……Appellant The Avenue Vishnupuri Marg, Upper Burdwan Compound, Lalpur, Ranchi- 834001. [Pan: Agjps6921P] Vs. Dcit/Acit, Circle-1, Ranchi…...…..….........……........……...…..…..Respondent Appearances By: Shri Devesh Poddar, Adv., Appeared On Behalf Of The Appellant. Shri Kailash Gautam, Dr, Appeared On Behalf Of The Respondent. Date Of Concluding The Hearing : February 05, 2026 Date Of Pronouncing The Order : February 10, 2026 Order Per Sonjoy Sarma: This Appeal Filed By The Assessee Is Directed Against The Order Of The Nfac, Delhi (Hereinafter Referred To As “Cit(A)”) Dated 06.03.2025 Passed Under Section 250 Of The Income-Tax Act, 1961 (Hereinafter Referred To As The “Act”).

Section 143(2)Section 143(3)Section 147Section 148Section 250Section 56(2)(vii)

purchased land measuring 0.67 acre for a consideration of ₹42,30,000, whereas the stamp duty valuation was ₹1,20,02,000, and the difference of ₹77,72,000 was treated as income. 3. Before the learned CIT(A), the assessee raised specific legal grounds, challenging the validity of reopening under section 147, as well as grounds on merits. However