2014 (1) TMI 1866

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..... r. Soumitra Mukherjee ... for the State Mr. Majumder, learned Advocate, appearing for the State, submitted that the alleged payments shown by the assessee are not relatable to the alleged bills disclosed by him. He, therefore, submitted that the transaction itself appears to be within the realm of doubt and therefore, the input-tax credit was not allowed to him. Mr. Chakraborty, learned Advocate .....

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..... ss to mention that the Assessing Officer shall give necessary benefit in case he is satisfied that the purchases were genuine without giving any undue weight to the fact that the dealer, namely, Bhagwati Traders furnished a nil return. Therefore, the point for enquiry is whether the purchases are genuine. The assessee is expected to adduce best evidence including the stock registers. The writ pet .....

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