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Income Tax - Highlights / Catch Notes

Home Highlights January 2023 Year 2023 This

Non-genuine purchases u/s 69C - Sales tax department had ...


High Court dismisses appeal in non-genuine purchase case u/s 69C; backs ITAT and CIT(A) decisions.

January 12, 2023

Case Laws     Income Tax     HC

Non-genuine purchases u/s 69C - Sales tax department had provided evidence of the fact that these parties did not undertake the sale of any material but only provided bills at a commission - ITAT upholding the orders of the CIT(A) deleting the addition - this is not a fit case for consideration in appeal as the substantial questions of law proposed by the revenue would not arise. - HC

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