https://www.taxtmi.com/caselaws?id=753819 ITAT Mumbai dismissed revenue's appeal regarding additions under section 69A and bogus purchases. For section 69A addition concerning sales to M/s. Gulathi Enterprises, the tribunal found the assessee was a victim of GST fraud, having furnished police complaint and cancellation certificate. The AO failed to conduct proper inquiry despite having only 20 days for GST department response. Since purchases (Rs. 5.37 crore) exceeded sales (Rs. 3.95 crore) and assessee proved different GST numbers, no addition was warranted. Regarding bogus purchases, the AO relied on statements from 2017-18 search operations unrelated to the assessment year. The vendor responded to notices under sections 133(6) and 131 with corroborative evidence, which the AO found satisfactory. Both grounds were dismissed. en-us Fri, 07 Jun 2024 00:00:00 +0530 Tue, 11 Jun 2024 07:57:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=753819 ITAT Mumbai dismissed revenue's appeal regarding additions under section 69A and bogus purchases. For section 69A addition concerning sales to M/s. Gulathi Enterprises, the tribunal found the assessee was a victim of GST fraud, having furnished police complaint and cancellation certificate. The AO failed to conduct proper inquiry despite having only 20 days for GST department response. Since purchases (Rs. 5.37 crore) exceeded sales (Rs. 3.95 crore) and assessee proved different GST numbers, no addition was warranted. Regarding bogus purchases, the AO relied on statements from 2017-18 search operations unrelated to the assessment year. The vendor responded to notices under sections 133(6) and 131 with corroborative evidence, which the AO found satisfactory. Both grounds were dismissed. Case-Laws Income Tax Fri, 07 Jun 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=753819