2024 (1) TMI 1443 - SCH - Income Tax

Bogus purchases - bogus accommodation bills - estimation of income - hawala transactions from certain parties who were only providing accommodation sale bills - HELD THAT - We are not inclined to interfere with the impugned judgment and order passed by the High Court. Hence the Special Leave Petition is dismissed.

Summary

The Supreme Court of India, with Hon'ble Mr. Justice Pamidighantam Sri Narasimha and Hon'ble Mr. Justice Aravind Kumar presiding, dismissed the Special Leave Petition after hearing the petitioner's counsel and deciding not to interfere with the High Court's judgment. The delay was condoned, and any pending applications were disposed of. The respondent did not appear in the case.