THE DY. COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-5(1), MUMBAI vs. M/S SKYWAY INFRA PROJECTS PRIVATE LIMITED, MUMBAI

In the result, cross objections of the assessee are dismissed, cross objections of the assessee are dismissed, cross objections of the assessee are dismissed, whereas appeals of the revenue are par...

Bench: Shri Aby T Varkey () & Shri Om Prakash Kant () Assessment Year: 2013-14 & Assessment Year: 2014-15 & Assessment Year: 2015-16 & Assessment Year: 2016-17 & Assessment Year: 2017-18 & Assessment Year: 2018-19 & Assessment Year: 2019-20 & Assessment Year: 2020-21

bogus purchase ignoring the fact that the assessee failed failed failed to to to prove prove prove the the the genuineness genuineness genuineness of of of purchases, purchases, purchases, andany andany andany expenditure in respect of which payments by account payee expenditure in respect of which payments by account payee expenditure in respect of which payments by account payee cheques

KALPSARU DIAMONDS ,MUMBAI vs. ACIT 23(2), MUMBAI

In the result, the grounds raised by the assessee as well as In the result, the grounds raised by the assessee as well as Revenue are allowed for statistical purposes

Bench: Shri Om Prakash Kant () & Shri Rahul Chaudhary () Assessment Years: 2012-13 Kalpsaru Diamonds, Acit 23(2), Jw 8040/250, Bharat Diamond Piramal Chambers, Vs. Bourse, Bkc, Bandra East, Mumbai-400013. Mumbai-400051. Pan No. Aaafk 6960 H Appellant Respondent Assessment Years: 2012-13 Dy. Cit-23(1), Kalpsaru Diamonds, Room No. 511, Fifth Floor, Jw 8040/250, Bharat Diamond Piramal Chambers, Parel, Vs. Bourse, Bkc, Bandra East, Lalbaugh-400012. Mumbai-400051. Pan No. Aaafk 6960 H Appellant Respondent

search and seizure action in the cases of sh n in the cases of sh Gautam Bhanwarlal Jain and Rajendra Kumar Jain, it was revealed Gautam Bhanwarlal Jain and Rajendra Kumar Jain, it was revealed Gautam Bhanwarlal Jain and Rajendra Kumar Jain, it was revealed that the assessee firms obtained bogus accommodation entry assessee firms obtained bogus accommodation entry assessee

DEPUTY COMMISSIONER OF INCOME TAX -23(1) , MUMBAI vs. KALPSARU DIAMONDS, MUMBAI

In the result, the grounds raised by the assessee as well as In the result, the grounds raised by the assessee as well as Revenue are allowed for statistical purposes

Bench: Shri Om Prakash Kant () & Shri Rahul Chaudhary () Assessment Years: 2012-13 Kalpsaru Diamonds, Acit 23(2), Jw 8040/250, Bharat Diamond Piramal Chambers, Vs. Bourse, Bkc, Bandra East, Mumbai-400013. Mumbai-400051. Pan No. Aaafk 6960 H Appellant Respondent Assessment Years: 2012-13 Dy. Cit-23(1), Kalpsaru Diamonds, Room No. 511, Fifth Floor, Jw 8040/250, Bharat Diamond Piramal Chambers, Parel, Vs. Bourse, Bkc, Bandra East, Lalbaugh-400012. Mumbai-400051. Pan No. Aaafk 6960 H Appellant Respondent

search and seizure action in the cases of sh n in the cases of sh Gautam Bhanwarlal Jain and Rajendra Kumar Jain, it was revealed Gautam Bhanwarlal Jain and Rajendra Kumar Jain, it was revealed Gautam Bhanwarlal Jain and Rajendra Kumar Jain, it was revealed that the assessee firms obtained bogus accommodation entry assessee firms obtained bogus accommodation entry assessee

HYDROAIR TECTONICS (PCD) LTD,NAVI MUMBAI vs. DCIT CEN CIR 2(1), MUMBAI

Bench: Shri Joginder Singh () & Shri G Manjunatha ()

search & seizure, Smt. Rajkumari Singh, director and promoter of Hydroair Tectonics (PCD) Ltd confessed in her statement recorded u/s 132(4) of the Act, that the group was indulging in procuring bogus purchase

RAJKUMARI SINGH,NAVI MUMBAI vs. DCIT CEN CIR 8, MUMBAI

Bench: Shri Joginder Singh () & Shri G Manjunatha ()

search & seizure, Smt. Rajkumari Singh, director and promoter of Hydroair Tectonics (PCD) Ltd confessed in her statement recorded u/s 132(4) of the Act, that the group was indulging in procuring bogus purchase

HGP COMMUNITY PVT.LTD SUCESSOR TO ALPHA ASSOCIATES,MUMBAI vs. DY.CIT CENT. CIR-1(2) , MUMBAI

In the result, the ground

Bench: Shri Om Prakash Kant ()And Ms Kavitha Rajagopal () Assessment Year: 2008-09 & Assessment Year: 2009-10 & Assessment Year: 2010-11 & Assessment Year: 2011-12 & Assessment Year: 2012-13

bogus purchases of over Rs. 57 crores detected during the course of search and seizure action 57 crores detected during