TMI Blog2009 (8) TMI 1280X X X X Extracts X X X X X X X X Extracts X X X X ..... peal filed by the assessee raising following grounds. 1.The Learned Commissioner of Income Tax(Appeals) grossly erred in not deleting the addition on account of alleged non-genuine purchases of colour chemical of Rs. 13,21,435/- as per para 5 of the appeal order. 2.The Learned Commissioner of Income Tax(Appeals) grossly erred in relying the statement of Rohit Panwala without having conf ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the above 2 parties for verification. The assessee expressed his inability to produce them on the ground that those parties have changed their addresses and their present addresses is not known. But, it was submitted that purchases were made by bills and payments were made by account pay cheques. The Assessing Officer further noted that a racket of issue of bogus bills was done by one Mr. Rohit Pa ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... medabad Benches. 1. Akruti Dyeing Printing Mills Pvt. Ltd. v. ACIT, circle-1, Surat (ITA No. 2551/Ahd/2006 and ITA No. 2752/Ahd/2006 relating to Assessment Year 2003-04) order dated 26.10.2007. 2. Dada Silk Mills v. ITO Ward 2(1), Surat (ITA No.1896/Ahd/2007 relating to Assessment Year 2003-04) order dated 11.9.2008. 3. Shalu Dyeing Printing Mills (P) Ltd. (ITA No.1491 1492/ ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s which do not include Rohit Panwala for Rs.7,21,950/- as bogus. The assessee claimed that the payments to the parties were made by account payee cheques and against receipt of goods. We find that the Revenue has brought no material on record to show that the purchases shown by the assessee, from the aforesaid 3 parties were not genuine and where accommodation/fake bills shown by the assessee. No ..... X X X X Extracts X X X X X X X X Extracts X X X X
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