2013 (10) TMI 323

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....nst the judgment of the Income Tax Appellate Tribunal ("the Tribunal" for short) dated 30.6.2011 raising following questions for our consideration:-      "A. Whether on the facts and in the circumstances of the case, Income-tax Appellate Tribunal, was right in law in confirming the addition of Rs. 18.74 lakh made by the CIT(A) as bogus purchases?      ....

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....s, which was enhanced by the Commissioner (Appeals). 3. From the record, however, we notice that Commissioner (Appeals) as well as the Tribunal both concurrently held that this is a case of bogus purchases in which the assessee was involved. This being a pure question of fact, no question of law arises. 4. In particular, the Tribunal confirmed the view of CIT(Appeals) making following observ....

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....ding and Profit and Loss account of the assessee company to bring home his claim that there is no purchase claimed by the assessee in addition to purchase of 1421380 kg. Scrap valuing Rs.246.05 lakhs. The Ld. D.R. of the Revenue supported the order of Ld.CIT(A).      6. We have considered the rival submissions, perused the material on record and have gone through the orders ....