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2017 (4) TMI 115 - HC - Income TaxAddition on bogus purchases and bogus labour charges - Held that:- CIT(A) as well as Tribunal have concurrently rendered the finding of fact that payments made for purchase of goods and for labour jobs to Mr. Anilkumar Chahwalla, were genuine. This finding of fact is further supported by the fact that the CIT(A), Valsad while dealing with the appeal filed by Mr. Anilkumar Chahwalla has examined these very transaction to conclude that they were genuine. Therefore, so far as question (a) is concerned, there are concurrent findings of fact by the CIT(A) as well as by the Tribunal. These findings are not shown to be perverse. In view of above, proposed question (a) does not give rise to any substantial question of law. Hence, not entertained. Statement of Shri Anilkumar Chawla was recorded under coercive pressure - Held that:- The authorities CIT (A) as well as Tribunal have recorded the fact that the statement given to the DCIT, Valsad on 24th December, 2008 was a statement made in view of coercion and the same was retracted soon after i.e. 27th December, 2008. This also is a finding of fact which is not shown to be perverse in any manner. In view of the above, the question (b) does not give rise to any substantial question of law.
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