crores u/s 37(1) in respect of which additions was made by AO u/s.
69C of the Act even though there ... valid basis for making addition u/s 69A of the Act.
9. To invoke section 69C of the Act the foundation is that expenditure
crores u/s 37(1) in respect of which additions was made by AO u/s.
69C of the Act even though there ... valid basis for making addition u/s 69A of the Act.
9. To invoke section 69C of the Act the foundation is that expenditure
Includes any income referred to in section 68 , section 69 , section
69A , section 69B , section 69C , section 69D and reflected in the return
of income ... section 139 or
(b) Determined by the Assessing Officer includes any income
referred to in section 68 , section 69 , section 69A , section 69B , section
69C
section 68 , section 19 , section 64
section 698. section 6PC, section 690 and reflected in the return of income
furnished under section ... Officer includes any income referred to
in section 68 section 69 , section 69A , section 69B , section 69C , Section
69D if such income is not covered
section 68 , section 19 , section 64
section 698. section 6PC, section 690 and reflected in the return of
income furnished under section ... Officer includes any income referred
to in section 68 section 69 , section 69A , section 69B , section 69C ,
Section 69D if such income is not covered
account of unexplained expenditure under section 69C of the Act even
1
ITA No.3132/Del/2024
Israni Buildwell Pvt. Ltd.
when the assessee failed ... provision of Section 144 of
the Income Tax Act, 1961. Section 144 (1) (b) states that
...........
4. Proviso given under the said Section further states
commission, charging it as unexplained expenditure under Section 69C of the
Act.
4.1 Ld. PCIT, issued show cause notice under Section 263 dated ... section 37(1) of the Act and disallowed the
purchases made by the assessee. This being so, the provisions of section
69C
detail it is necessary to
understand and make the analysis of section 69C of
the Act. 3.6 Section 69C- Analysis Section 69C deals
with ... usual of the above section it is a
basic legal premise that for invoking provision of
section 69C of the act, following two conditions
must
detail it is necessary to
understand and make the analysis of section 69C of
the Act. 3.6 Section 69C- Analysis Section 69C deals
with ... usual of the above section it is a
basic legal premise that for invoking provision of
section 69C of the act, following two conditions
must
same should not be added as bogus purchase in
terms of Section 69C of the Act.
6. The assessee submitted that paymentd for purchase made ... every section. For some sections, the onus would be on
the assessee to discharge to the satisfaction of the ld AO. For some
sections
