9911796707
TMI Blog2024 (5) TMI 297X X X X Extracts X X X X X X X X Extracts X X X X ..... ORDER PER NARENDRA KUMAR BILLAIYA (AM) 1. This appeal by the assessee is preferred against the order dated 27.09.2023 National Faceless Appeal Centre, Delhi [hereinafter in short "Ld. CIT(A)"] pertaining to A.Y. 2010-11. 2. The grievance read as under: - "1) The Ld. CIT-(A) is erred in confirming the addition of Rs. 63,70,738/- fully as bogus purchased @ 100% of such purchases. 2) The Ld. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... to the merits of the appeal, we find the underlying facts of the impugned addition of Rs..63,70,738/- are that, as per the information received from Sales Tax Department, the Assessing Officer came to know that the assessee has made bogus purchases from parties who are providing accommodation bills. On further probe, the Assessing Officer found that the assessee has failed to produce delivery cha ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ion. 7. Per contra, the Ld. DR supported the findings of the Ld. CIT(A). 8. We have given a thoughtful consideration to the orders of the authorities below. It is true that the assessee could not establish the identity of the parties and genuineness of the said transactions. It is also true that the assessee never denied that it has procured the accommodation bills to give color of genuine purch ..... X X X X Extracts X X X X X X X X Extracts X X X X
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