without
confirming the disallowance of purchases, without considering the
provisions of Section 69C of the Income Tax Act, 1961 and without
::: Uploaded ... additions were justified.
He further relied upon Section 69C of the Act and the proviso to
said Section in support of his submission. He submitted
delete the addition of
Rs.47,03,192/- made under Section 69C of the Income Tax Act,
1961 on account of bogus purchases by holding ... that application
2
of Section 69C of the Income Tax Act, 1961 is incorrect in a case
of bogus purchase which was found
towards commission
allegedly paid by the Petitioner under Section 69C of the Income
Tax Act. This Assessment Order, dated 26 December 2016, is at
Exhibit ... extent of disallowance
of Rs.9,11,037/- under Section 69C of the Income Tax Act.
However, the Petitioner did not appeal the addition
without confirming the disallowance of purchases, without
considering the provisions of Section 69C of the Income Tax
Act, 1961 and without considering the decision ... justified. Mr Gopal
further submitted that the provisions of Section 69C of the Act
were not invoked by any of the authorities. He relied upon
without confirming the disallowance of purchases, without
considering the provisions of Section 69C of the Income Tax
Act, 1961 and without considering the decision ... justified. Mr Gopal
further submitted that the provisions of Section 69C of the Act
were not invoked by any of the authorities. He relied upon
without
confirming the disallowance of purchases, without considering the
provisions of Section 69C of the Income Tax Act, 1961 and without
considering the decision ... additions were made by invoking Explanation to
Section 37 of the Act. Secondly, the provision of Section 69C
of the Act was not for consideration
determined under Chapter XIVB and not under
section 69C of the I.T.Act?"
2/6
BGP
::: Uploaded on - 17/10/2025 ::: Downloaded ... under section 158BD could not have been invoked and
the assessment of so called undisclosed income was required to be
computed under section 69C
includes any income referred to in section 68 , section
69 , section 69A , section 69B , section 69C or section 69D and
reflected in the return ... under Section 139 ;
or
(b) determined by the Assessing Officer includes any
income referred to in section 68 , section 69 , section 69A ,
section 69C
includes any income referred to in section 68 , section
69 , section 69A , section 69B , section 69C or section 69D and
reflected in the return ... furnished under Section 139 ;
or
(b) determined by the Assessing Officer includes any
income referred to in section 68 , section 69 , section
includes any income referred to in section 68 , section
69 , section 69A , section 69B , section 69C or section 69D and
reflected in the return ... furnished under Section 139 ;
or
(b) determined by the Assessing Officer includes any
income referred to in section 68 , section 69 , section
