Assessee is engaged in the business of manufacturing of steel pipes. The books of accounts are duly audited U\/Sec. 44AB of the Act. quantitative record of finished goods as well as raw material consumption is maintained . Stock register for production as During the course of assessment proceedings for A.Y. 2020-21, Assessing officer has disallowed the purchases and made the addition to total income on following grounds<\/p>\n
1. In respect of purchases of Rs. 1015000.00 from one supplier on the Ground that the assessee has not filed the Return of Income for the relevant year.<\/p>\n
2. In respect of purchases of Rs. 635000.00 on the ground that assessee has not responded to Notice U\/Sec.133(6) and party is not available on the address and has not filed the Return of Income.\u00a0 Eventhough the Assessee has submitted that the said supplier has expired and also produced the copy of the death certificate as well as confirmation from widow that after the death of the supplier they have stop the business and submitted the copies of GST Returns filed for the relevant period.<\/p>\n
1.Whether the addition made by the AO is legally justified ?<\/p>\n
2. Are there any decisions to support the contention of the assessee that purchases should not been disallowed only on the ground that supplier has not filed the ROI\/or not responded to Notice U\/Sec.133(6) or summons U\/Sec. 131 of the Act.<\/p>\n
pl guide.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","qa_expert":[22],"qa_category":[23],"qa_tag":[26,272],"class_list":["post-33233","qa","type-qa","status-publish","hentry","qa_expert-advocate-neelam-jadhav","qa_category-income-tax","qa_tag-books-of-account","qa_tag-purchases"],"acf":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa\/33233","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=33233"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=33233"}],"wp:term":[{"taxonomy":"qa_expert","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_expert?post=33233"},{"taxonomy":"qa_category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_category?post=33233"},{"taxonomy":"qa_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_tag?post=33233"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}