2025 (2) TMI 1657

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....e : Ms. Mrugakshi K. Joshi, Advocate For the Revenue : Shri Bhangepatil Pushkaraj Ramesh, Sr. D/R ORDER PER NARENDRA KUMAR BILLAIYA, AM: I.T.A. No. 6452/Mum/2024 & I.T.A. No. 6509/Mum/2024 are cross appeals preferred by the assessee and the revenue against the order of the ld. CIT(A) - 51, Mumbai, pertaining to AY 2010-11. 2. The assessee is aggrieved by the addition of Rs. 2,37,922....

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....d in alleged bogus purchases and directed the AO to restrict the disallowance to 6% of the bogus purchase, reduced by the gross profit margin already declared by the assessee in respect of alleged bogus purchases. 4. However, taking a leaf out of the above findings of the Coordinate Bench, the ld. CIT(A) simply directed the AO to restrict the disallowance to 6% of the bogus purchases without gi....