2026 (6) TMI 1193

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....: None.   P.C. 1. The above Income Tax Appeal is filed challenging the Order dated 16th May 2019 passed by the Income Tax Appellate Tribunal ("ITAT"). The assessment year in question is 2009-10. 2. According to the Revenue, the impugned order of the ITAT gives rise to the following two substantial questions of law, which read as under: "A. Whether on the facts and in the cir....

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....e ground that the Assessee recorded a bogus purchase transaction of Rs. 1,25,875/-. Being aggrieved by the Order of the Assessing Officer, the Assessee preferred an Appeal before the Commissioner of Income Tax (Appeals) ("CIT Appeals"). The CIT (Appeals) sustained the addition only upto 25% of the alleged bogus purchase amount and deleted the remaining addition of Rs.94,406/-. The CIT (Appeals) di....

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....re amount of the purchase. The ITAT therefore came to the conclusion that the CIT (Appeals) was justified in restricting the addition to 25% of the amount of the purchase and upheld the Order of the CIT (Appeals). 6. On these facts, we find that the ITAT was wholly justified in upholding the Order of the CIT (Appeals). The CIT (Appeals) as well as ITAT, on facts, came to the conclusion that all....