9911796707
TMI Blog2015 (11) TMI 1738X X X X Extracts X X X X X X X X Extracts X X X X ..... ssee from undisclosed sources in the relevant years. In similar cases, ITAT Jaipur Bench has set aside the issue raised in such appeals, to the file of the AO to decide the same afresh after the judgement in the case of Anuj Kumar Varshney & others (supra) is delivered, following our earlier orders on the same lines, this appeal is also accordingly set aside to the file of the AO to decide afresh ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... sment order which is passed in gross violation of principal natural justice. 2. In the facts and circumstances of the case and in law the ld. CIT(A) has erred in confirming the action of the AO in holding the purchases from the following parties as bogus. S.N. Name of parties from whom purchases made Amount (in Rs. 1. M/s. Aditya Exports 71,88,170/- 2. M/s. Bharat Impex 31,74,150 3. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... trading addition of ₹ 79,16,638/-. 2.1 During the course hearing, the ld. AR of the assessee contends that this Bench of ITAT in bunch of appeals by consolidated order in the case of Anuj Kumar Varshney & Others vs. ITO (ITA No. 187/JP/2012 dated 22-10-2014) has held that 15% of unverifiable purchases shall be held to be income of the assessee from undisclosed sources in the relevant years ..... X X X X Extracts X X X X X X X X Extracts X X X X
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