M/S. PARAS PLASTIC PROCESSORS,MUMBAI vs. INCOME TAX OFFICER WARD-27(2)(5), MUMBAI
In the result, the appeal of the assessee is dismissed
ITA 5593/MUM/2019[2010-11]Status: DisposedITAT Mumbai27 Jul 2022AY 2010-11
Bench: Shri Om Prakash Kant () & Shri Sandeep Singh Karhail () Assessment Year: 2010-11 M/S Paras Plastic Processors, Income Tax Officer 806/807, Ajit Nath, Ward-27(2)(5), Nilkantha Enclave, Ajit Nagar, Vs. Vashi, Opp. Shreyash Cinema, Navi Mumbai-400-703. Lbs Marg, Ghatkopar (West), Mumbai-400086. Pan No. Aaefp 8206 H Appellant Respondent
For Appellant: Mr. M. Subramanian, ARFor Respondent: Ms. Smita Nair, DR
Section 143(1)Section 143(3)Section 147Section 148
section 145(3) of the IT Act and after taking average GP rate of 15%, made an addition of rate of 15%, made an addition of Rs.54,03,687/- computed on such computed on such bogus purchas bogus purchases/expenses. This order was set aside by the es/expenses. This order was set aside by the jurisdictional
CIT u/s 263
