Sri Kamlesh Kumar Singh, Daltonganj vs Acit,Cir-1, Ranchi on 7 August, 2023
Kamlesh Kumar Kesharwani Vs. ACIT-1(1), Raipur
ITA Nos. 122 to 124/RPR/2024
ITA Nos. 135, 136 & 138/RPR/2024
"I have gone through the detailed investigation in this rice
miller's case assessment order of assessee and the reply of
assessee during the appeal proceeding. I thoroughly examined
the reply of assessee with the facts of the case. Now, it is clear
that the present case is a case of trading concern and there is
not any manufacturing activity hence the case is little bit
distinguishable from Vijay Proteins Ltd, relied by the Ld. AO
Secondly, there is no doubt regarding bogus purchases of
Rs.15,99,81,541/- had been made by the assessee.