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2022 (5) TMI 223 - AT - Income TaxBogus purchases - HELD THAT:- AO has raised categorical point that the suppliers of the goods M/s Neelanchal Sales & Suppliers Pvt. Ltd. did not have any godown. We find that in all the invoices, delivery is shown from La Trendz Fabrica Private Ltd., Kolhapur to Banbury Export at Tarapur. Thus, the goods were delivered to the assessee from the party who sold goods to Neelanchal Sales & Suppliers Pvt Ltd. Therefore, not having any godown facility by M/s Neelanchal Sales & Suppliers Pvt. Ltd. cannot make sales to assessee bogus . Further, during the course of hearing before us, the learned Departmental Representative could not produce any other evidence to show that purchases are not genuine. - Decided against revenue.
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