2025 (3) TMI 1911

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.... For the Revenue / Respondent : Shri Bhangepatil Pushkaraj Ramesh, Sr. DR ORDER PER: NARENDRA KUMAR BILLAIYA, AM: This appeal by the Revenue is preferred against the order dated 22.05.2024 by National Faceless Appeal Centre, Delhi (for short "NFAC") pertaining to AY 2009-10. 2. The sum and substance of the grievance of the Revenue is that the CIT(A) erred in restricting the addition to....

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....of the opinion that only the profit element embedded in such alleged bogus purchases should be added and accordingly restricted the addition to 12.5% thereby confirmed the addition of Rs. 10,50,472/-. 6. Before us, the ld. DR strongly supported the findings of the AO. The Counsel drew our attention to the decision of the Co-ordinate Bench in the case of the assessee in ITA No. 791/Mum/2024 and ....