BASIR AHMED SISODIA vs. THE INCOME TAX OFFICER

Appeal is allowed

Bench: HON'BLE MR. JUSTICE A.M. KHANWILKAR

bogus entry, in the   sense   that   it   was   only   purportedly   shown   to   be   the amount   standing   to   the   credit   of   the   fifteen   persons, purportedly on account of assessee having purchased goods no credit from them, while since no goods were purchased, the   amount   did   represent   income   of   the   assessee   from undisclosed sources, which the assessee had only brought on record

M/S. KACHWALA GEMS vs. JOINT COMMNR. OF INCOME TAX, JAIPUR