Punit Goel Vs ACIT-2 (ITAT Lucknow)
Case ke facts
Punit Goel ka business tha. AO ne trade creditors ko fake maan kar section 68 se addition kar diya, aur profit bhi apne hisab se estimate kar diya.
Mudda (Issue)
Kya books of account bina specific defect bataye reject kar sakte hain aur creditors ko fake maan kar addition kar sakte hain?
Faisla (Held)
ITAT ne bola books bilkul sahi hain, purchases genuine hain. Jab tak koi specific galat baat nahi dikhaoge, books ko reject nahi kar sakte aur addition galat hai.
Practical takeaway
Trade creditors ko bogus tabhi mano jab koi solid proof ho. Books clear honi chahiye, par vague shak par addition nahi banega.
Original report: TaxGuru
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Yeh summary public report par aadhaarit general jaankari hai, legal advice nahi. Poora faisla padhne ke liye original source dekhiye. Published on cgaindia.com: 2026-09-08.