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Disallowance of bogus purchase bills by the AO

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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

vs

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

 

Poojitha Raam
on 17 August 2021
Published in Income Tax
Views : 25
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