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1 result for “bogus purchases”+ Section 268Aclear

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Kolkata13Mumbai9Delhi6Visakhapatnam2Jaipur2Ahmedabad2Jodhpur1Surat1Lucknow1

THE ITO, WARD-4(4),, SURAT vs. M/S. VEEKAY PRINTS PVT. LTD.,, SURAT

In the result, appeal of the Revenue is dismissed due to low tax effect

ITA 47/AHD/2014[2007-08]Status: DisposedITAT Surat13 Nov 2018AY 2007-08

Bench: Shri Rajpal Yadav & Shri Amarjit Singhआयकर अपील सं./ Ita.No.47/Ahd/2014 "नधा"रण वष"/ Asstt. Year: 2007-08 Ito, Ward-4(4) Vs. M/S.Veekay Prints P.Ld. Surat. 210, Nr.Mahalaxmi Dyeing Kadodara, Tal. Palsana, Surat. Pan: Aaacv 9663 K अपीलाथ"/ (Appellant) "" यथ"/ (Respondent) Revenue By : Smt.Smita Nair, Sr.Dr Assessee By : Shri Rasesh Shah, Ca सुनवाई क" तार"ख/Date Of Hearing : 13/11/2018 घोषणा क" तार"ख /Date Of Pronouncement: 13/11/2018 आदेश/O R D E R Per Rajpal Yadav:

For Appellant: Shri Rasesh Shah, CAFor Respondent: Smt.Smita Nair, Sr.DR
Section 3

bogus purchases. 3. At the very outset, the ld.counsel for the assessee has drawn our attention towards recent CBDT Circular restricting filing of appeal by the Revenue before the Tribunal where tax effect is below Rs.20 lakhs. He pointed out that tax effect in the present case is below monetary limit prescribed by the CBDT, and therefore, appeal