MR Proview Real Tech Pvt. Ltd. vs DCIT

Parties Involved

Facts Summary

The assessee’s appeal for Assessment Year 2013-14 arises against the CIT(A)-29, New Delhi’s order dated 16.08.2025 in case No. CIT (A), Delhi-29/10257/2012-13, in proceedings u/s 147 of the Income Tax Act, 1961. The assessee raises its sole substantive ground challenging both the learned lower authorities’ action treating purchase transaction amounting to Rs.75,75,000/- sourced from M/s. Bhagwati Trading company Prop. Sh. Sanjiv Yadav, as bogus ones under section 68 of the Act, in assessment order dated 29.05.2023 as upheld in the lower appellate discussion.…

Legal Issues

• 1. Whether the purchase transaction amounting to Rs.75,75,000/- sourced from M/s. Bhagwati Trading company Prop. Sh. Sanjiv Yadav should be treated as bogus under section 68 of the Income Tax Act, 1961.

Judgment Outcome

Decided in favour of Assessee.

Precedents Relied Upon

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