2019 (1) TMI 1952

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....R.C.SHARMA (A.M): These are the appeals filed by assessee against the order of CIT(A)-2 Thane, dated 31/08/2016 for the A.Y.2010-11 and 2011-12 in the matter of order passed u/s.143(3) r.w.s.147 of the IT Act. 2. In these appeals, assessee is aggrieved for reopening of assessment as well as merit of the addition upheld in respect of bogus purchases. 3. Rival contentions have been heard and rec....

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....f bogus purchases, as per provisions of Sec 69C of the Act. Aggrieved with the above orders, the assessee preferred the appeals before the CIT(A). 5. By the impugned order, CIT(A) restricted the addition in the A.Y.2010-11 to the extent of Rs. 9,87,002/- by estimating GP @ 24% and Rs. 32,60,750/- by estimating GP of 24% in the A.Y.2011-12. 6. Assessee is in further appeal before us against the a....