2019 (12) TMI 271 - SCH - Income Tax

Power of Tribunal - AO made addition as non-genuine purchases of two parties - enquiry letters issued to the aforesaid two parties, had been returned unserved - CIT(A) direct AO to conduct an inquiry with the AO having jurisdiction over the PAN of the said parties and ascertain whether return of income has been filed for the relevant year by the party and if so, he had disclosed the turnover of business in such return, in excess of amount of purchases, shown by the assessee, as have been made from the said party - HELD THAT - SLP Dismissed.