M/S Dhadda International, Delhi vs Acit, New Delhi on 3 February, 2023
The Ld. ITAT "D" Bench, Mumbai in the case of Ramesh Kumar & Co., Ville
Parle, Mumbai vs. The ACIT 21 (1) "D" Bench, (A Y 2010-11)held that the
purchases are supported by proper invoices duly reflected in the books of
account. The payments have been made by account payee cheque which is duly
reflected in the bank statement of the assessee. There is no evidence to show that
the assessee has received cash back from the suppliers. The additions have been
made merely on the report of the Sales tax Department but at the same time it
cannot be said that purchases are bogus. We, therefore, set aside the findings of
the Ld. CIT (A) and direct the AO to delete the addition.