Shrikant Brijmohan Soni vs ITO, Ward-5, Amravati

Parties Involved

Facts Summary

The assessee, Shrikant Brijmohan Soni, carrying on business in the name of Arun Chemicals, appealed against the order of the Commissioner of Income Tax (Appeals) which disallowed certain purchases as bogus. The assessee challenged the validity of the notice issued under section 148 of the Income Tax Act, 1961, claiming it was illegal and based on information from GST authorities without proper verification. The assessee argued that the Assessing Officer made the addition without providing an opportunity for cross-examination and without corroborative evidence. The assessee provided various documents to prove the genuineness of the purchases.…

Legal Issues

• 1. Whether the notice issued under section 148 of the Income Tax Act, 1961, is valid.
• 2. Whether the disallowance of purchases as bogus is justified.

Judgment Outcome

Decided in favour of Assessee.

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