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2019 (12) TMI 450 - AT - Income TaxBogus purchase - CIT- A restricting the disallowance to 5% of the purchases as against entire purchases disallowed as non-genuine - HELD THAT:- On a careful perusal of the order of the Ld.CIT(A) and the reasons given therein, we do not find any infirmity in the order passed by the Ld.CIT(A). None of the findings and observations of the Ld.CIT(A) have been rebutted with evidences by the revenue and thus we do not see any infirmity in the order passed by the Ld.CIT(A) in sustaining the addition/disallowance to the extent of 5% of the purchases for the A.Y.2009-10 & A.Y. 2010-11. Grounds raised by the Revenue are dismissed.
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