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379 results for “bogus purchases”+ Section 143(2)clear

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Key Topics

Section 143(3)97Addition to Income92Section 14862Section 14761Section 271(1)(c)60Bogus Purchases50Disallowance21Section 143(2)20Reopening of Assessment20

BALMUKUND M VAISHNAV,SURAT vs. INCOME TAX OFFICER, WARD-2(3)(7), SURAT

ITA 205/SRT/2019[2013-14]Status: DisposedITAT Surat25 Sept 2023AY 2013-14

Bench: Shri Pawan Singh, Jm & Dr. A. L. Saini, Am आयकर अपील सं./Ita No.204/Srt/2019 Assessment Year: (2013-14) (Physical Hearing) The Ito, Ward-2(3)(7), Vs. Balmukund M. Vaishnav, Surat. 5B/1054, Ramnanth Mahadev Ni Sheri, Haripura, Surat – 395009. "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Aokpv5065Q (Appellant) (Respondent) आयकर अपील सं./Ita No.205/Srt/2019 Assessment Year: (2013-14) Balmukund M. Vaishnav, Vs. The Ito, Ward-2(3)(7), 5B/1054, Ramnanth Mahadev Ni Surat. Sheri, Haripura, Surat – 395009. "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Aokpv5065Q (Appellant) (Respondent)

Section 143(3)Section 69C

section 143(3) r.w.s. 145(2) of the Income Tax Act, and since the ITA Nos. 204 &205/SRT/2019 Balmukund M. Vaishnav assessee failed to explain that the purchases worth Rs.28,81,47,552/- are genuine purchases therefore appropriate addition on account of bogus

INCOME TAX OFFICER, WARD-2(3)(8), SURAT vs. MAHAVEER SHANTILAL JAIN, SURAT

ITA 453/SRT/2019[2013-14]Status: Disposed

Showing 1–20 of 379 · Page 1 of 19

...
Survey u/s 133A20
Section 6817
Section 26316
ITAT Surat
25 Sept 2023
AY 2013-14

Bench: Shri Pawan Singh, Jm & Dr. A. L. Saini, Am आयकर अपील सं./Ita No.453/Srt/2019 "नधा"रण वष"/Assessment Year: (2013-14) (Physical Hearing) The Ito, Vs. Mahaveer Shantilal Jain, Ward-2(3)(8), Prop. M/S Mukesh Diamonds, 1St Surat. Office No.401, Floor, H.No.5/1171/72/73/1090, New Dtc, Hath Falia, Haripura, Surat – 395009. (Appellant) (Respondent) "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Aqupj6439L Appellant By Shri Ritesh Mishra, Cit(Dr) Respondent By Shri P. M. Jagasheth, Ca Date Of Hearing 08/09/2023 Date Of Pronouncement 25/09/2023

Section 142(1)Section 143(2)Section 143(3)

section 143(3) of the Income Tax Act, 1961 (hereinafter referred to as the ‘Act’), dated 23.03.2016. 2. The grounds of appeal raised by the Revenue are as follows: “(i) On the facts and circumstances of the case and in Law, the Ld. CIT(A) has erred in restricting the addition made by the AO to the extent

THE INCOME TAX OFFICER, WARD-2(3)(7), SURAT vs. SHRI ABHISHEK L. JAIN,, SURAT

In the result, the grounds of appeal raised by the revenue is partly allowed

ITA 344/SRT/2019[2007-08]Status: DisposedITAT Surat26 Sept 2022AY 2007-08

Bench: Shri Pawan Singh & Dr Arjun Lal Sainiआ.अ.सं./Ita No.344/Srt/2019 (Ay 2007-08) (Hearing In Virtual Court) Income Tax Officer, Ward- Shri Abhishek L.Jain 2(3)(7), Room No. 414, 4Th Prop Of Manglam Export, Vs Floor, Anavil Business Centre, 302, Pipla Sheri, Adajan-Hajira Road, Mahidharpura, Adajan, Surat-395003 Pan : Abxpj 0344 G Surat-395009 अपीलाथ"/Appellant ""यथ" /Respondent

Section 143(2)Section 143(3)Section 147Section 148Section 254(1)

section 143(2) as well as assessment order as no scope of suspicious. On the merit of the addition of bogus purchases

INCOME TAX OFFICER WARD 2(3)(8), SURAT vs. SHRI MUKESH MAHAVIR PRASAD SEN , SURAT

In the result, appeals filed by the Revenue ( in ITA No

ITA 106/SRT/2017[2007-08]Status: DisposedITAT Surat20 Sept 2021AY 2007-08

Bench: Shri Pawan Singh, Jm & Dr. A. L. Saini, Am आयकरअपीलसं./Ita No.106/Srt/2017 ("नधा"रणवष" / Assessment Year: (2007-08) (Virtual Court Hearing) The Income Tax Officer, V Shri Mukesh Mahavirprasad Sen, Ward-2(3(8), Surat. 6/1862-63, 3Rd Floor, Office S. No.305, Ghanshyam Bhuvan, Bal Sheri, Mahidharpura, Surat. "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Bcsps 0173 F (Assessee) (Respondent) आयकरअपीलसं./Ita No.107/Srt/2017 ("नधा"रणवष" / Assessment Year: (2008-09) (Virtual Court Hearing) The Income Tax Officer, V Shri Atul Kailashchandra Mehta, Ward-2(3)(7), Surat. S. 7/2496, Office No.2, Shastru Chambers, Maznine Floor, Chandulal Sheri, Mahidharpura, Surat. "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Alxpm 7834 Q (Assessee) (Respondent) Assessee By : Shri Rohit Vijayvargiya - Ca Respondent By : Shri Ritesh Mishra – Cit(Dr) सुनवाईक"तार"ख/ Date Of Hearing : 17/06/2021 घोषणाक"तार"ख/Date Of Pronouncement : 20/09/2021 आदेश / O R D E R Per Dr. A. L. Saini:

For Appellant: Shri Rohit Vijayvargiya - CAFor Respondent: Shri Ritesh Mishra – CIT(DR)
Section 132(4)Section 144

143(2) of the Act was not issued to the assessee at all and therefore, the reassessment proceedings under section 147/ 148 of the Act would not valid and ITA No.106 & 107/SRT/2017 for A.Y. 2007-08 & 08-09 Shri Mukesh Mahavirpraad Sen & Shri Atul Kailashchandra Mehta hence, the ld.CIT(A) has quashed the reassessment proceedings initiated under section 147/148

INCOME TAX OFFICER WARD 2(3)(7), SURAT vs. SHRI ATUL KAILASHCHANDRA MEHTA, SURAT

In the result, appeals filed by the Revenue ( in ITA No

ITA 107/SRT/2017[2008-09]Status: DisposedITAT Surat20 Sept 2021AY 2008-09

Bench: Shri Pawan Singh, Jm & Dr. A. L. Saini, Am आयकरअपीलसं./Ita No.106/Srt/2017 ("नधा"रणवष" / Assessment Year: (2007-08) (Virtual Court Hearing) The Income Tax Officer, V Shri Mukesh Mahavirprasad Sen, Ward-2(3(8), Surat. 6/1862-63, 3Rd Floor, Office S. No.305, Ghanshyam Bhuvan, Bal Sheri, Mahidharpura, Surat. "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Bcsps 0173 F (Assessee) (Respondent) आयकरअपीलसं./Ita No.107/Srt/2017 ("नधा"रणवष" / Assessment Year: (2008-09) (Virtual Court Hearing) The Income Tax Officer, V Shri Atul Kailashchandra Mehta, Ward-2(3)(7), Surat. S. 7/2496, Office No.2, Shastru Chambers, Maznine Floor, Chandulal Sheri, Mahidharpura, Surat. "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Alxpm 7834 Q (Assessee) (Respondent) Assessee By : Shri Rohit Vijayvargiya - Ca Respondent By : Shri Ritesh Mishra – Cit(Dr) सुनवाईक"तार"ख/ Date Of Hearing : 17/06/2021 घोषणाक"तार"ख/Date Of Pronouncement : 20/09/2021 आदेश / O R D E R Per Dr. A. L. Saini:

For Appellant: Shri Rohit Vijayvargiya - CAFor Respondent: Shri Ritesh Mishra – CIT(DR)
Section 132(4)Section 144

143(2) of the Act was not issued to the assessee at all and therefore, the reassessment proceedings under section 147/ 148 of the Act would not valid and ITA No.106 & 107/SRT/2017 for A.Y. 2007-08 & 08-09 Shri Mukesh Mahavirpraad Sen & Shri Atul Kailashchandra Mehta hence, the ld.CIT(A) has quashed the reassessment proceedings initiated under section 147/148

ITO, WARD-2(3)(7),, SURAT vs. DIPAKKUMAR S. MEHTA,, SURAT

In the result, the appeal of the Revenue in (ITA No

ITA 1503/AHD/2017[2007-08]Status: DisposedITAT Surat22 Sept 2021AY 2007-08

Bench: Shri Pawan Singh, Jm & Dr. A. L. Saini, Am आयकरअपीलसं./Ita No.1503/Ahd/2017 ("नधा"रणवष" / Assessment Years: (2007-08) (Virtual Court Hearing) The Ito, Ward-2(3)(7), Vs. Shri Dipakkumar S. Mehta, Surat. Prop. Of Seema Impex, 401, 6/1582, Kumbhar Sheri, Mahidharpura, Surat-395009. "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Afapm8151K (Revenue) (Assessee) आयकरअपीलसं./Ita No.1461/Ahd/2017 ("नधा"रणवष" / Assessment Years: (2007-08) (Virtual Court Hearing) Shri Deepak S. Mehta, Vs. The Ito, Ward-2(3)(7), C/O. 302, Nishit Diamond Complex, Surat. Gujjar Falia, Mahidharpura, Surat-395009. "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Afapm8151K (Assessee) (Revenue)

For Appellant: Shri Himashu Gandhi, CAFor Respondent: Shri O.P. Vaishnav, CIT(DR)
Section 142(1)Section 143(2)Section 143(3)Section 148Section 151

143(2) of the Act was not issued and served on the assessee. 3. The learned Commissioner of Income Tax (Appeals) has erred in law and in facts in partially confirming the addition of impugned bogus purchases of Rs.80,17,790/- (being 12.50% of total alleged bogus purchases of Rs. 6,41,42,308/-) made by assessing officer

DEEPAK S. MEHTA,,SURAT vs. ITO, WARD-2(3)(7),, SURAT

In the result, the appeal of the Revenue in (ITA No

ITA 1461/AHD/2017[2007-08]Status: DisposedITAT Surat22 Sept 2021AY 2007-08

Bench: Shri Pawan Singh, Jm & Dr. A. L. Saini, Am आयकरअपीलसं./Ita No.1503/Ahd/2017 ("नधा"रणवष" / Assessment Years: (2007-08) (Virtual Court Hearing) The Ito, Ward-2(3)(7), Vs. Shri Dipakkumar S. Mehta, Surat. Prop. Of Seema Impex, 401, 6/1582, Kumbhar Sheri, Mahidharpura, Surat-395009. "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Afapm8151K (Revenue) (Assessee) आयकरअपीलसं./Ita No.1461/Ahd/2017 ("नधा"रणवष" / Assessment Years: (2007-08) (Virtual Court Hearing) Shri Deepak S. Mehta, Vs. The Ito, Ward-2(3)(7), C/O. 302, Nishit Diamond Complex, Surat. Gujjar Falia, Mahidharpura, Surat-395009. "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Afapm8151K (Assessee) (Revenue)

For Appellant: Shri Himashu Gandhi, CAFor Respondent: Shri O.P. Vaishnav, CIT(DR)
Section 142(1)Section 143(2)Section 143(3)Section 148Section 151

143(2) of the Act was not issued and served on the assessee. 3. The learned Commissioner of Income Tax (Appeals) has erred in law and in facts in partially confirming the addition of impugned bogus purchases of Rs.80,17,790/- (being 12.50% of total alleged bogus purchases of Rs. 6,41,42,308/-) made by assessing officer

INCOME TAX OFFICER WARD 2(3)(7), SURAT vs. DILKHUSH ANNRAJ BABEL, SURAT

In the result, four appeals of Revenue are partly allowed whereas four assessee’s appeals are dismissed

ITA 289/SRT/2019[2008-09]Status: DisposedITAT Surat13 Apr 2022AY 2008-09

Bench: Shri Pawan Singh & Dr. Arjun Lal Saini

Section 254(1)

purchases from the following parties. Sr.No. Name of the entry provider Amount (Rs) 1 Ansh Merchandise P Ltd. (New 4,88,89,729/- Planet Trading Co.P.Ltd) 2 Atharv Business Pvt.Ltd. (Fast Stone 2,2,12,027/- Trading (I) P. Ltd. 3 Casper Enterprises P Ltd. 9Ostwal 5,90,15,418/- Trading (I) P Ltd. 4 Kunal Gems

DILKHUSH BABEL,MUMBAI vs. ITO, WARD 2(3)(7), SURAT

In the result, four appeals of Revenue are partly allowed whereas four assessee’s appeals are dismissed

ITA 538/SRT/2019[2012-13]Status: DisposedITAT Surat13 Apr 2022AY 2012-13

Bench: Shri Pawan Singh & Dr. Arjun Lal Saini

Section 254(1)

purchases from the following parties. Sr.No. Name of the entry provider Amount (Rs) 1 Ansh Merchandise P Ltd. (New 4,88,89,729/- Planet Trading Co.P.Ltd) 2 Atharv Business Pvt.Ltd. (Fast Stone 2,2,12,027/- Trading (I) P. Ltd. 3 Casper Enterprises P Ltd. 9Ostwal 5,90,15,418/- Trading (I) P Ltd. 4 Kunal Gems

DILKHUSH BABEL,SURAT vs. INCOME TAX OFFICER WARD 2(3)(7), SURAT

In the result, four appeals of Revenue are partly allowed whereas four assessee’s appeals are dismissed

ITA 261/SRT/2019[2015-16]Status: DisposedITAT Surat13 Apr 2022AY 2015-16

Bench: Shri Pawan Singh & Dr. Arjun Lal Saini

Section 254(1)

purchases from the following parties. Sr.No. Name of the entry provider Amount (Rs) 1 Ansh Merchandise P Ltd. (New 4,88,89,729/- Planet Trading Co.P.Ltd) 2 Atharv Business Pvt.Ltd. (Fast Stone 2,2,12,027/- Trading (I) P. Ltd. 3 Casper Enterprises P Ltd. 9Ostwal 5,90,15,418/- Trading (I) P Ltd. 4 Kunal Gems

SHRI NARAYAN LAL SHARMA,SURAT vs. INCOME TAX OFFICER, WARD 2(3)(8), SURAT

In the result, four appeals of Revenue are partly allowed whereas four assessee’s appeals are dismissed

ITA 19/SRT/2017[2007-08]Status: DisposedITAT Surat13 Apr 2022AY 2007-08

Bench: Shri Pawan Singh & Dr. Arjun Lal Saini

Section 254(1)

purchases from the following parties. Sr.No. Name of the entry provider Amount (Rs) 1 Ansh Merchandise P Ltd. (New 4,88,89,729/- Planet Trading Co.P.Ltd) 2 Atharv Business Pvt.Ltd. (Fast Stone 2,2,12,027/- Trading (I) P. Ltd. 3 Casper Enterprises P Ltd. 9Ostwal 5,90,15,418/- Trading (I) P Ltd. 4 Kunal Gems

SHRI NAVRATAN SINGH JAIN,,MUMBAI vs. THE INCOME TAX OFFICER, WARD-2(3)(8),, SURAT

In the result, four appeals of Revenue are partly allowed whereas four assessee’s appeals are dismissed

ITA 259/SRT/2019[2015-16]Status: DisposedITAT Surat13 Apr 2022AY 2015-16

Bench: Shri Pawan Singh & Dr. Arjun Lal Saini

Section 254(1)

purchases from the following parties. Sr.No. Name of the entry provider Amount (Rs) 1 Ansh Merchandise P Ltd. (New 4,88,89,729/- Planet Trading Co.P.Ltd) 2 Atharv Business Pvt.Ltd. (Fast Stone 2,2,12,027/- Trading (I) P. Ltd. 3 Casper Enterprises P Ltd. 9Ostwal 5,90,15,418/- Trading (I) P Ltd. 4 Kunal Gems

INCOME TAX OFFICER, WARD-2 (3) (7), SURAT vs. DILKHUSH BABEL, SURAT

In the result, four appeals of Revenue are partly allowed whereas four assessee’s appeals are dismissed

ITA 1/SRT/2020[2012-13]Status: DisposedITAT Surat13 Apr 2022AY 2012-13

Bench: Shri Pawan Singh & Dr. Arjun Lal Saini

Section 254(1)

purchases from the following parties. Sr.No. Name of the entry provider Amount (Rs) 1 Ansh Merchandise P Ltd. (New 4,88,89,729/- Planet Trading Co.P.Ltd) 2 Atharv Business Pvt.Ltd. (Fast Stone 2,2,12,027/- Trading (I) P. Ltd. 3 Casper Enterprises P Ltd. 9Ostwal 5,90,15,418/- Trading (I) P Ltd. 4 Kunal Gems

INCOME TAX OFFICER WARD 2(3)(7), SURAT vs. DILKHUSH BABEL, SURAT

In the result, four appeals of Revenue are partly allowed whereas four assessee’s appeals are dismissed

ITA 123/SRT/2019[2013-14]Status: DisposedITAT Surat13 Apr 2022AY 2013-14

Bench: Shri Pawan Singh & Dr. Arjun Lal Saini

Section 254(1)

purchases from the following parties. Sr.No. Name of the entry provider Amount (Rs) 1 Ansh Merchandise P Ltd. (New 4,88,89,729/- Planet Trading Co.P.Ltd) 2 Atharv Business Pvt.Ltd. (Fast Stone 2,2,12,027/- Trading (I) P. Ltd. 3 Casper Enterprises P Ltd. 9Ostwal 5,90,15,418/- Trading (I) P Ltd. 4 Kunal Gems

DILKHUSH BABEL,MUMBAI vs. INCOME TAX OFFICER WARD 2(3)(7), SURAT

In the result, four appeals of Revenue are partly allowed whereas four assessee’s appeals are dismissed

ITA 41/SRT/2019[2014-15]Status: DisposedITAT Surat13 Apr 2022AY 2014-15

Bench: Shri Pawan Singh & Dr. Arjun Lal Saini

Section 254(1)

purchases from the following parties. Sr.No. Name of the entry provider Amount (Rs) 1 Ansh Merchandise P Ltd. (New 4,88,89,729/- Planet Trading Co.P.Ltd) 2 Atharv Business Pvt.Ltd. (Fast Stone 2,2,12,027/- Trading (I) P. Ltd. 3 Casper Enterprises P Ltd. 9Ostwal 5,90,15,418/- Trading (I) P Ltd. 4 Kunal Gems

SHRI NAVRATAN SINGH JAIN,,MUMBAI vs. THE INCOME TAX OFFICER, WARD-2(3)(8),, SURAT

In the result, four appeals of Revenue are partly allowed whereas four assessee’s appeals are dismissed

ITA 105/SRT/2019[2008-09]Status: DisposedITAT Surat13 Apr 2022AY 2008-09

Bench: Shri Pawan Singh & Dr. Arjun Lal Saini

Section 254(1)

purchases from the following parties. Sr.No. Name of the entry provider Amount (Rs) 1 Ansh Merchandise P Ltd. (New 4,88,89,729/- Planet Trading Co.P.Ltd) 2 Atharv Business Pvt.Ltd. (Fast Stone 2,2,12,027/- Trading (I) P. Ltd. 3 Casper Enterprises P Ltd. 9Ostwal 5,90,15,418/- Trading (I) P Ltd. 4 Kunal Gems

DILKHUSH BABEL,MUMBAI vs. INCOME TAX OFFICER WARD 2(3)(7), SURAT

In the result, four appeals of Revenue are partly allowed whereas four assessee’s appeals are dismissed

ITA 40/SRT/2019[2013-14]Status: DisposedITAT Surat13 Apr 2022AY 2013-14

Bench: Shri Pawan Singh & Dr. Arjun Lal Saini

Section 254(1)

purchases from the following parties. Sr.No. Name of the entry provider Amount (Rs) 1 Ansh Merchandise P Ltd. (New 4,88,89,729/- Planet Trading Co.P.Ltd) 2 Atharv Business Pvt.Ltd. (Fast Stone 2,2,12,027/- Trading (I) P. Ltd. 3 Casper Enterprises P Ltd. 9Ostwal 5,90,15,418/- Trading (I) P Ltd. 4 Kunal Gems

ASHISH MOHAN MAHAWAR,MUMBAI vs. INCOME TAX OFFICER WARD 2(3)(7), SURAT

In the result, four appeals of Revenue are partly allowed whereas four assessee’s appeals are dismissed

ITA 42/SRT/2019[2008-09]Status: DisposedITAT Surat13 Apr 2022AY 2008-09

Bench: Shri Pawan Singh & Dr. Arjun Lal Saini

Section 254(1)

purchases from the following parties. Sr.No. Name of the entry provider Amount (Rs) 1 Ansh Merchandise P Ltd. (New 4,88,89,729/- Planet Trading Co.P.Ltd) 2 Atharv Business Pvt.Ltd. (Fast Stone 2,2,12,027/- Trading (I) P. Ltd. 3 Casper Enterprises P Ltd. 9Ostwal 5,90,15,418/- Trading (I) P Ltd. 4 Kunal Gems

SHRI NAVRATAN SINGH JAIN,,MUMBAI vs. THE INCOME TAX OFFICER, WARD-2(3)(8),, SURAT

In the result, four appeals of Revenue are partly allowed whereas four assessee’s appeals are dismissed

ITA 258/SRT/2019[2014-15]Status: DisposedITAT Surat13 Apr 2022AY 2014-15

Bench: Shri Pawan Singh & Dr. Arjun Lal Saini

Section 254(1)

purchases from the following parties. Sr.No. Name of the entry provider Amount (Rs) 1 Ansh Merchandise P Ltd. (New 4,88,89,729/- Planet Trading Co.P.Ltd) 2 Atharv Business Pvt.Ltd. (Fast Stone 2,2,12,027/- Trading (I) P. Ltd. 3 Casper Enterprises P Ltd. 9Ostwal 5,90,15,418/- Trading (I) P Ltd. 4 Kunal Gems

INCOME TAX OFFICER WARD 2(3)(7), SURAT vs. ASHISH MOHAN MAHAWAR, SURAT

In the result, four appeals of Revenue are partly allowed whereas four assessee’s appeals are dismissed

ITA 122/SRT/2019[2008-09]Status: DisposedITAT Surat13 Apr 2022AY 2008-09

Bench: Shri Pawan Singh & Dr. Arjun Lal Saini

Section 254(1)

purchases from the following parties. Sr.No. Name of the entry provider Amount (Rs) 1 Ansh Merchandise P Ltd. (New 4,88,89,729/- Planet Trading Co.P.Ltd) 2 Atharv Business Pvt.Ltd. (Fast Stone 2,2,12,027/- Trading (I) P. Ltd. 3 Casper Enterprises P Ltd. 9Ostwal 5,90,15,418/- Trading (I) P Ltd. 4 Kunal Gems