2021 (2) TMI 355

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....lidated order dated 3rd April 2019, passed by the learned Commissioner of Income Tax (Appeals)-33, Mumbai, for the assessment years 2009-10, 2010-11 and 2011-12. However, presently I am concerned with appeal for Assessment Year 2009-10. 2. When the appeal was called for hearing, no one was present on behalf of the respondent assessee to represent the case. There is no application seeking adjour....

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...., on the basis of information received from the Sales Tax Department, Government of Maharashtra, through DGIT (Inv.), Mumbai, that purchases worth Rs. 22,10,479, claimed to have been made during the year from three parties are non-genuine as the concerned parties were identified as hawala operators, the Assessing Officer re-opened the assessment under section 147 of the Act. During the assessment ....

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....ring the submissions of the assessee in the context of the facts and material on record, learned Commissioner (Appeals) restricted the addition to 12.5% of the alleged non-genuine purchases. 6. I have heard the learned Departmental Representative and perused the material on record. It is evident, the doubt regarding the genuineness of the disputed purchases was on the basis of information recei....