https://www.taxtmi.com/caselaws?id=427232 The appeal against the CIT(A)'s order for Assessment Year 2011-12 regarding the deletion of addition of disallowance of Rs.2,00,07,633 made by the Assessing Officer on account of 'Bogus Purchase' was considered. The ITAT remanded the issue back to the CIT(A) for re-adjudication during AY 2012-13 and subsequent years due to remaining discrepancies in parties' transactions. The appeal by the Revenue and the Cross Objection by the assessee were allowed for statistical purposes, directing further review and consideration by the CIT(A) in light of future assessment years. en-us Thu, 25 Aug 2022 00:00:00 +0530 Mon, 05 Sep 2022 07:21:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=427232 The appeal against the CIT(A)'s order for Assessment Year 2011-12 regarding the deletion of addition of disallowance of Rs.2,00,07,633 made by the Assessing Officer on account of 'Bogus Purchase' was considered. The ITAT remanded the issue back to the CIT(A) for re-adjudication during AY 2012-13 and subsequent years due to remaining discrepancies in parties' transactions. The appeal by the Revenue and the Cross Objection by the assessee were allowed for statistical purposes, directing further review and consideration by the CIT(A) in light of future assessment years. Case-Laws Income Tax Thu, 25 Aug 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=427232