Reopening of case due to involvement of assessee in bogus purchases/accommodation entries

Last updated: 19 April 2021
Quick Summary
This case involves an appeal by Super Industries, a proprietorship, concerning the assessment year 2006-07. The Income Tax Appellate Tribunal had previously dismissed the appeal for non-appearance but later recalled the order. The assessee's case was reopened based on information suggesting involvement in bogus purchases and accommodation entries from specific trading companies. The Assessing Officer made an addition of Rs.13,03,692/- under Section 69C of the Income Tax Act after rejecting the assessee's explanations.

Court :
ITAT New Delhi

Brief :
This appeal filed by the assessee is directed against the order dated 15th September, 2015 of the CIT(A)-17, New Delhi, relating to assessment year 2006-07.

Citation :
ITA 2472/DEL/2016

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1 Year PLAN
1999
(Excl. of GST ₹359)

BEST VALUE
2 Years PLAN
3499
(Excl. of GST ₹629)

3 Months PLAN
999
(Excl. of GST ₹179)

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