2021 (9) TMI 629

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.... Pratap Singh ORDER This appeal by the assessee is directed against the order of Commissioner of Income Tax (Appeals)-33, Mumbai (in short 'the CIT(A)') dated 01/02/2019 for the assessment year 2011-12. 2. The brief facts of the case as emanating from records are: The assessee is a civil contractor. The assessee field its return of income for the impugned assessment year on 29/09/2011 dec....

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....uld neither produce the supplier nor the assessee could furnish relevant documents viz. Purchase orders, delivery challans, transport bills, etc. to substantiate genuineness of purchases. The Assessing Officer made addition of entire bogus purchases. Aggrieved by the assessment order dated 26/03/2014, the assessee filed appeal before the CIT(A). The CIT(A) after considering the facts of the case c....

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....ring the financial year 2010-11 is 4.37%. Therefore, the addition may be restricted to net profit declared by the assessee. 4. Shri Ajay Pratap Singh, representing the Department vehemently defended the impugned order and prayed for dismissing the appeal of assessee. The ld. Departmental Representative submitted that the assessee has obtained bogus purchase bills from suspicious dealer identifi....