Real Value Foods Pvt. Ltd. Vs Income Tax Officer, Ward-21(1), New Delhi-110002

Parties Involved

Facts Summary

This appeal by Real Value Foods Pvt. Ltd. for Assessment Year 2019-20 is against the order of the C IT(A)/NFAC, Delhi dated 24.10.2025, in proceedings under sections 147 and 144 of the Income Tax Act, 1961. The assessee challenges the lower authorities' decision to treat purchases amounting to Rs.49,02,300/- from M/s. Swastik Traders and Rs.14,81,700/- from M/s Kalki Trading Company as bogus under section 69C of the Act. Both parties reiterated their stands during the hearing. The assessee is engaged in the construction business, and while some cash turnover is possible, their corresponding sales have not been questioned in the lower proceedings.…

Legal Issues

• 1. Whether the purchases from M/s. Swastik Traders and M/s Kalki Trading Company should be treated as bogus under section 69C of the Income Tax Act, 1961.

Judgment Outcome

Decided in favour of Assessee.

Precedents Relied Upon

Similar Judgements

• Sh. Kapil Raj Anand Vs. DCIT

  Delhi Bench benchAY 2020-21 & 2021-22Partly Allowed

• Sh. Rajesh Kumar Vs. Income Tax Officer, Ward-34(5), Delhi

• SCK Infratech Pvt. Ltd. Vs. DCIT

  Delhi Bench benchAY 2020-21Partly Allowed

• Sh. Mahesh Chand Vs. Income Tax Officer, Delhi

• Sh. Sandeep Kumar vs. Income Tax Officer, Ward-1, Panipat

  Delhi Bench benchAY 2018-19Partly Allowed

• Bhansali Udyog Pvt. Ltd. Vs. Income Tax Officer

  Delhi Bench benchAY 2018-19Partly Allowed