| COURT: | ITAT Jaipur |
| CORAM: | R. P. Tolani (JM), T. R. Meena (AM) |
| SECTION(S): | 143(3), 145, 69 |
| GENRE: | Domestic Tax |
| CATCH WORDS: | Bogus purchases |
| COUNSEL: | G. M. Mehta |
| DATE: | October 22, 2014 (Date of pronouncement) |
| DATE: | October 24, 2014 (Date of publication) |
| AY: | 2007-08 |
| FILE: | Click here to view full post with file download link |
| CITATION: | |
| Bogus purchases: Filing of confirmation of suppliers with PAN and TIN number are not sufficient to prove the purchases are genuine if they are not supported by other facts including delivery of goods & presence of suppliers | |
The department had gathered the information through survey and search seizure in above parties and they categorically admitted that they have provided entries and not doing any purchase and sale of gems and jewellery. Even then Assessing Officer asked to …
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