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2024 (3) TMI 91 - ITAT MUMBAIEstimation of income - Bogus purchases - CIT(A) restricted the addition to the gross profit ratio of the genuine purchases - HELD THAT:- We find that while deciding similar issue in assessee’s own case in Smaru Gems [2019 (6) TMI 1718 - ITAT MUMBAI] following the aforesaid decision Mohommad Haji Adam [2019 (2) TMI 1632 - BOMBAY HIGH COURT], directed the AO to restrict the addition as regards the bogus purchases by bringing the gross profit rate on such bogus purchases at the same rate as that of the other genuine purchases. Thus, no infirmity in the impugned order passed by the learned CIT(A) granting partial relief to the assessee - Decided against revenue.
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