Disallowance of bogus purchase bills by the AO

Last updated: 17 August 2021

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The Income Tax Appellate Tribunal has dismissed an appeal by the Revenue concerning the disallowance of bogus purchase bills for the assessment year 2011-12. The assessment had been reopened based on information received from DGIT (Inv), Mumbai. Ultimately, the tribunal found the appeal to be without merit and dismissed it.

Court :
ITAT Mumbai

Brief :
This appeal by the Revenue is directed against the order Commissioner of Income Tax(Appeals)-45, Mumbai [in short 'the CIT(A)’] dated 24/10/2019 for the assessment year 2011 12.

Citation :
ITA NO.8058/MUM/2019(A.Y 2011-12)

IN THE INCOME TAX APPELLATE TRIBUNAL
MUMBAI BENCH “SMC ”, MUMBAI
BEFORE SHRI VIKAS AWASTHY, JUDICIAL MEMBER AND
SHRI MANOJ KUMAR AGGARWAL, ACCOUNTANT MEMBER

ITA NO.8058/MUM/2019(A.Y 2011-12)

ITO-33(2)(2),
Room No.846, 8th Floor,
Kautilya Bhavan, BKC
Mumbai 400 067

Appellant

Kirit Rashiklal Doshi,
Room No.8, 1st Floor, Poddar Bhuvan,
Parekh Lane, Kandivali (W),
Mumbai – 400 067.
PAN: AAAPD-7604-H

Respondent

Appellant by : Shri Sanjay J. Sethi

Respondent by : None

Date of hearing : 10/06/2021

Date of pronouncement : 28/07/2021

ORDER

This appeal by the Revenue is directed against the order Commissioner of Income Tax(Appeals)-45, Mumbai [in short 'the CIT(A)’] dated 24/10/2019 for the assessment year 2011-12.

2. Shri Sanjay J. Sethi representing the Department submitted that the assessment for assessment year 2011-12 in the case of assessee was reopened on the basis of information received from DGIT (Inv), Mumbai.

3.Shri Sanjay J. Sethi representing the Department submitted that the assessment for assessment year 2011-12 in the case of assessee was reopened on the basis of information received from DGIT (Inv), Mumbai.

4.In the result, appeal by the Revenue is dismissed sans merit.

Order pronounced in the open Court on Wednesday, the 28th day of July, 2021

Please find attached the enclosed file for the full judgement

FAQ :

The main issue was the disallowance of bogus purchase bills by the Assessing Officer (AO) for the assessment year 2011-12.

The appeal was filed by the Revenue (Income Tax Officer - ITO-33(2)(2)).

The assessment for the relevant year was reopened based on information received from the Directorate General of Income Tax (Investigation), Mumbai (DGIT (Inv), Mumbai).

The Income Tax Appellate Tribunal dismissed the appeal filed by the Revenue, finding it to be without merit.

Attached File : 1442821_4202_1627625573_8058_smc_va_23_07.pdf

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Judgement posted by

Poojitha Raam Vinay

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I simplify complex income tax, TDS, banking, and investment updates into practical insights for taxpayers, salaried professionals, pensioners, and senior citizens. I regularly write on ITR filing, tax compliance, savings schemes, and the latest financial rule changes in India.

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