2024 (9) TMI 481

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....chases are unverifiable/not genuine/bogus, the same should have been disallowed in entirety?. 2. Whether on the facts and in the circumstances of the case and in law, the Ld. CIT(A) has erred in law by not appreciating the fact that the assessee could not establish the genuineness of the purchases from the non-existent vendors? 3. Whether on the facts and in the circumstances of the case and in law, the Ld. CIT(A) has erred in law by not appreciating the fact that the onus to justify the claim of expenses is on the assessee and the same has failed to discharge it in relation to the purchases made from the non-existent vendors? 4. Whether on the facts and in the circumstances of the case and in law, the Ld. CIT(A) has erred in law by i....

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....hat the income has escaped the assessment and has issued notice u/sec 148 of the Act. Further, the A.O. has issued notice u/s 143(2) and 142(1) of the Act and called for the information. In compliance, the assessee has submitted the information and details from time to time in the assessment proceedings. Whereas the A.O in order to check the transactions of the purchases has called for the additional information and the assessee has submitted the details. The A.O to test check the genuineness of the transactions has issued notice u/s 133(6) of the Act on the parties and the said notices were returned un served by the postal authorities. Finally, the A.O. has dealt on the information and the evidences and is of the opinion that the assessee ....