2009 (8) TMI 1280

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....C.K. Mishra, DR ORDER Per Shri D.C. Agrawal: This is an appeal filed by the assessee raising following grounds. "1.The Learned Commissioner of Income Tax(Appeals) grossly erred in not deleting the addition on account of alleged non-genuine purchases of colour chemical of Rs. 13,21,435/- as per para 5 of the appeal order. 2.The Learned Commissioner of Income Tax(Appeals) ....

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....nbsp;                         Rs.13,21,435/- 3. The Assessing Officer asked the assessee to produce the above 2 parties for verification. The assessee expressed his inability to produce them on the ground that those parties have changed their addresses and their present addresses is not known. But, it was submitted that purchases were ....

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....of the assessee by holding that addition merely on the basis of statement of Shri. Rohit Panwala was not justified. Following are some of the decisions taken by Ahmedabad Benches. "1. Akruti Dyeing & Printing Mills Pvt. Ltd. v. ACIT, circle-1, Surat (ITA No. 2551/Ahd/2006 and ITA No. 2752/Ahd/2006 relating to Assessment Year 2003-04) order dated 26.10.2007. 2. Dada Silk Mills v. ....

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.... he used to provide accommodation/fake bills at the request of the parties. On the basis of this, the Assessing Officer has treated the purchases made by the assessee from 3 parties which do not include Rohit Panwala for Rs.7,21,950/- as bogus. The assessee claimed that the payments to the parties were made by account payee cheques and against receipt of goods. We find that the Revenue has brought....