2025 (11) TMI 1606

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.... the AY 2014-15, 2015-16, 22.03.2024 for A.Y. 2016-17, 2017-18 & 2018-19, 04.02.2024 for A.Y. 2017-18. 2. As the facts and circumstances are identical in all the appeals of two different assessee's, hence, these are being decided and disposed by this consolidated order for the sake of brevity. We will take ITA No.144/GTY/2025 for A.Y. 2017-18 first and decide the issue accordingly. ITA No.144/GTY/2025 A.Y. 2017-18 3. The case was heard on 16.05.2025 and Shri S.K. Pransukhaka, authorized representative of the assessee appeared on behalf of the assessee and Shri Kaushik Roy, JCIT appeared on behalf of the Revenue.Both the sides argued the case at length. The counsel of the assessee was directed to file certain details as regards purc....

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.... the addition of Rs.26,41,17,433/- as made by the ld. AO on account of bogus purchases. 5.1. The facts in brief are that the assessee filed the return of income on 31.03.2015 of Rs.26,15,750/-. The assessee was stated to be engaged in the business of trading in Guwahati. The case of the assessee was reopened u/s 147 of the Act and notice u/s 148 of the Act was issued on 27.03.2021. The assessee has not filed any return of income and thereafter, the detailed questionnaire was issued to the assessee which was not complied with by the assessee. The ld. AO upon perusal of information received from DCIT Central Circle 4(1), Kolkata, regarding survey and search operation conducted in the case of Shri Sanjeev Kejriwal, where during the course o....