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7 results for “bogus purchases”+ Section 142(1)clear

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Key Topics

Section 143(3)12Survey u/s 133A6Section 2635Capital Gains5Long Term Capital Gains5Penny Stock5Revision u/s 2635Section 69A2Addition to Income

DY. COMMISSIONER OF INCOME TAX, CIRCLE - 01,, VARANASI vs. SHRI GANESH PRASAD,, VARANASI

The appeal of the Revenue is allowed for statistical purposes

ITA 138/VNS/2020[2017-2018]Status: DisposedITAT Varanasi07 Feb 2023AY 2017-2018

Bench: Shri Vijay Pal Rao & Shri Ramit Kocharassessment Year: 2017-18 The Deputy Commissioner Of Income - Mr. Ganesh Prasad, Tax, V. S-6/108, Golghar Katchhari, Circle-1, Aayakarbhawan, Varanasi-221002, U.P. Maqboolalam Road Varanasi-221002, U.P.

For Appellant: Shri Subash Chand Adv. & Sh. Ashutosh BhardwajFor Respondent: Shri A.K. Singh, Sr. DR
Section 142(1)Section 143(2)Section 143(3)Section 69A

Section 142(1) were issued by AO from time to time, and claimed to be served upon the assessee. As the assessment proceedings 2 Assessment Year: 2017-18 DCIT, Circle-1, Varanasi v. Mr. Ganesh Prasad, Varanasi in the case of the assessee was getting time barred on 31.12.2019, a show cause notice(SCN) dated 17.12.2019 was issued

2

DY. COMMISSIONER OF INCOME TAX, CIRCLE - 01,, VARANASI vs. M/S RATANDEEP GOLD & DIAMOND PVT. LTD., CHANDAULI

ITA 136/VNS/2020[2017-2018]Status: DisposedITAT Varanasi03 Feb 2023AY 2017-2018

Bench: Shri Vijay Pal Rao & Shri Ramit Kocharassessment Year: 2017-18 The Deputy Commissioner M/S Ratandeep Gold & Diamond Of Income Tax, V. Pvt. Ltd. Circle-1, M A Road, 19, New Mohal, Varanasi-211001, U.P. Near Balika Inter College, Mugalsarai, Chandauli- 232101, U.P. Pan:Aahcr4764Q (Appellant) (Respondent) C.O. No. 02/Vns/2021 (Arising Out Of Ita No. 136/Vns/2020) Assessment Year: 2017-18 M/S Ratandeep Gold & The Deputy Commissioner Of Diamond Pvt. Ltd. V. Income Tax,Circle-1, M.A. Road 19, New Mohal, Varanasi-211001, U.P. Near Balika Inter College, Mugalsarai, Chandauli- 232101, U.P.

For Appellant: Shri Shishir Bajpai, CAFor Respondent: Shri Amalendu Nath Mishra, CIT DR
Section 143(3)Section 69A

142(1) were also AY:2017-18 DCIT , Circle-1, Varanasi , U.P. v. M/s. Ratandeep Gold & Diamond Pvt. Ltd.,Chandauli,U.P. issued by AO on 29th January, 2019 and 4th November, 2019 to the assessee, which were also claimed by AO to have been duly served on the assessee. The assessee participated in assessment proceedings conducted by the AO. During

VISHAL KANODIA,VARANASI vs. PCIT,, VARANASI

In the result, appeal of the assessee is allowed

ITA 85/VNS/2019[2014-2015]Status: DisposedITAT Varanasi07 Dec 2023AY 2014-2015
Section 143(3)Section 263

142(1) dated 28.06.2017 179 5. - Reply to above referred notice dated 28.06.2017, 180-181 submitted on 29.06.2017 , along with Copies of : (i) Income & Expenditure Account of appellant HUF 182 as on 31.03.2015 183 (ii) Capital Account of HUF as on 31.03.2015 184 (iii) Balance Sheet as on 31.03.2015 6. 185 Additional information sought

ANJU JHUNJHUNWALA,VARANASI vs. PCIT, VARANASI

In the result, appeal of the assessee is allowed

ITA 198/VNS/2019[2015-2016]Status: DisposedITAT Varanasi07 Dec 2023AY 2015-2016
Section 143(3)Section 263

142(1) dated 28.06.2017 179 5. - Reply to above referred notice dated 28.06.2017, 180-181 submitted on 29.06.2017 , along with Copies of : (i) Income & Expenditure Account of appellant HUF 182 as on 31.03.2015 183 (ii) Capital Account of HUF as on 31.03.2015 184 (iii) Balance Sheet as on 31.03.2015 6. 185 Additional information sought

VINOD KUMAR SARAF HUF,GORAKHPUR vs. PCIT,, GORAKHPUR

In the result, appeal of the assessee is allowed

ITA 112/VNS/2020[2015-2016]Status: DisposedITAT Varanasi07 Dec 2023AY 2015-2016
Section 143(3)Section 263

142(1) dated 28.06.2017 179 5. - Reply to above referred notice dated 28.06.2017, 180-181 submitted on 29.06.2017 , along with Copies of : (i) Income & Expenditure Account of appellant HUF 182 as on 31.03.2015 183 (ii) Capital Account of HUF as on 31.03.2015 184 (iii) Balance Sheet as on 31.03.2015 6. 185 Additional information sought

GOPI KRISHNA VINOD KUMAR HUF,GORAKHPUR vs. PCIT,, GORAKHPUR

In the result, appeal of the assessee is allowed

ITA 111/VNS/2020[2015-2016]Status: DisposedITAT Varanasi07 Dec 2023AY 2015-2016
Section 143(3)Section 263

142(1) dated 28.06.2017 179 5. - Reply to above referred notice dated 28.06.2017, 180-181 submitted on 29.06.2017 , along with Copies of : (i) Income & Expenditure Account of appellant HUF 182 as on 31.03.2015 183 (ii) Capital Account of HUF as on 31.03.2015 184 (iii) Balance Sheet as on 31.03.2015 6. 185 Additional information sought

SARVESH KUMAR AGARWAL HUF,VARANASI vs. PCIT,, VARANASI

In the result, appeal of the assessee is allowed

ITA 252/VNS/2019[2015-2016]Status: DisposedITAT Varanasi07 Dec 2023AY 2015-2016
Section 143(3)Section 263

142(1) dated 28.06.2017 179 5. - Reply to above referred notice dated 28.06.2017, 180-181 submitted on 29.06.2017 , along with Copies of : (i) Income & Expenditure Account of appellant HUF 182 as on 31.03.2015 183 (ii) Capital Account of HUF as on 31.03.2015 184 (iii) Balance Sheet as on 31.03.2015 6. 185 Additional information sought