DY. COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-2, SURAT vs. SIDDHI VINAYAK KNOTS & PRINTERS PVT. LTD., SURAT
In the result, all the appeals of the assessee are allowed and appeals of revenue are dismissed
ITA 122/SRT/2021[2014-15]Status: DisposedITAT Surat12 May 2023AY 2014-15
Bench: Shri Pawan Singh & Dr. Arjun Lal Sainiit(Ss)A Nos. 40, 41, 42, 43 & 115/Srt/2021 (Assessment Years 2010-11 To 2014-15) (Physical Hearing) Siddhi Vinayak Knots & Prints D.C.I.T., Pvt. Ltd., Central Circle-2, Vs. A-26, Central Park, Gidc, Surat. Pandesara, Surat-394221. Pan No. Aamcs 4421 L Appellant/ Assessee Respondent/ Revenue
Section 132Section 143(2)Section 143(3)Section 145(3)Section 153ASection 254(1)
bogus purchases cannot be ignored. The books of assessee was rejected under Section 145(3) of the Act and the Assessing