AO added 12.5% of the bogus purchase to total income for AY 2009-10, AY 2010-11, AY 2011-12, AY 2012-13.<\/p>\n
CIT (A) Dismissed the appeal AY 2011-12 and AY 2012-13
\n(order passed in 18.05.2018)<\/p>\n
ITAT partly allowed for AY 2011-12 and 2012-13
\n(Reduced the Percentage of addition from 12.5% of Bogus Purchase to 5%)(ITAT order passed on 19.12.2018)<\/p>\n
CIT (A) heard the appeal for AY 2009-10 and AY 2010-12 and on the basis of ITAT order for AY 2011 & 2012, partly allowed from 12.5% to 5% (date of Order 22.02.2019)<\/p>\n
Assessee unaware of any appeal being pending received ITAT notice for hearing AY 2009-10 & AY 2010-11 for ITAT appeal filed by Department.
\nUnfortunately Notice received after the date of hearing 27.10.2020<\/p>\n
No Detail received from Department yet on the said appeal by Department.<\/p>\n
ITAT Case Status shows that the appeal was filed on 29.05.2019
\nsince assesses dont have any detail of said appeal and he being eligible for VSV for AY 2009-10 & AY 2010-11 .<\/p>\n
can he get the advantage of 50% of the Disputed Tax since he has a favorable judgment from ITAT on similar issue.<\/p>\n","protected":false},"excerpt":{"rendered":"
AO added 12.5% of the bogus purchase to total income for AY 2009-10, AY 2010-11, AY 2011-12, AY 2012-13. CIT (A) Dismissed the appeal AY 2011-12 and AY 2012-13 (order passed in 18.05.2018) ITAT partly allowed for AY 2011-12 and 2012-13 (Reduced the Percentage of addition from 12.5% of Bogus Purchase to 5%)(ITAT order passed on 19.12.2018) CIT (A) heard the appeal for AY 2009-10 and AY 2010-12 and on the basis of ITAT order for AY 2011 & 2012, partly allowed from 12.5% to 5% (date of Order 22.02.2019) Assessee unaware of any appeal being pending received ITAT notice for hearing AY 2009-10 & AY 2010-11 for ITAT appeal filed by Department. Unfortunately Notice received after the date of hearing 27.10.2020 No Detail received from Department yet on the said appeal by Department. ITAT Case Status shows that the appeal was filed on 29.05.2019 since assesses dont have any detail of said appeal and he being eligible for VSV for AY 2009-10 & AY 2010-11 . can he get the advantage of 50% of the Disputed Tax since he has a favorable judgment from ITAT on similar issue.<\/p>\n