During the course of assessment proceedings , for verification of Purchases called for information U\/Sec. 133(6) from few parties at the flag end of assessment proceedings . Few parties responded and few not. Assessing Officer completed assessment by making addition of all purchases effected from these parties on the following grounds::<\/p>\n
a. Parties have not responded therefore those are not genuine.<\/p>\n
b. Parties who have responded have not provided full information\u00a0 and provided details of their PAN and Financials alongwith account extract of assessee and confirm the amount of purchases .<\/p>\n
Whether action\u00a0 of Assessing Officer justified when<\/p>\n
a. He has not provided the details of information collected by him to assessee.<\/p>\n
b. It is not the case that his notice issued u\/sec. 133(6) has not been serve to the parties<\/p>\n
c. Parties who responded have not provided the information desired by AO but confirmed the tramscation.<\/p>\n
d. Not rejected books of accounts which were audited<\/p>\n
e. Accepted the sales disclosed by assesee.<\/p>\n
Pl guide .<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","qa_expert":[22],"qa_category":[23],"qa_tag":[159,552,272],"class_list":["post-26344","qa","type-qa","status-publish","hentry","qa_expert-advocate-neelam-jadhav","qa_category-income-tax","qa_tag-assessment","qa_tag-parties-not-responded","qa_tag-purchases"],"acf":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa\/26344","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/qa"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=26344"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=26344"}],"wp:term":[{"taxonomy":"qa_expert","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_expert?post=26344"},{"taxonomy":"qa_category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_category?post=26344"},{"taxonomy":"qa_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_tag?post=26344"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}