2016 (11) TMI 1185

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....MENT While admitting D.B.Income Tax Appeal No.147/2009 following substantial question of law has been framed by the court vide order dt.21.03.2012:- "Whether on the facts and circumstances of the case, the Tribunal was justified in allowing deduction u/S 80HHC to the assessee on counter sales of Rs. 7,69,23,227/- made to foreign tourists, ignoring the specific provisions of Explanation (aa) to ....

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....assessee from various parties as genuine ignoring the fact that neither the seller was produced for examination nor the purchases was accepted by the seller nor the genuineness and creditworthiness of the transaction and sellers was proved? v) Whether the Tribunal was justified in upholding the deletion of addition of Rs. 1,57,201/- made on account of commission paid for obtaining bogus bills, i....