VittSphere ONE Calculators Blog CA Prabhakar Kumar · FCA · ICAI 560762
Case lawITAT › Ankit Gems (P) Ltd v ITO
ITATHelps taxpayerValidity unconfirmeds.69Cs.147s.148

Ankit Gems (P) Ltd v ITO

The officer says I took accommodation entries from a party I have never dealt with. What do I actually have to do?

The officer says I took accommodation entries from a party I have never dealt with. What do I actually have to do?

Show that the purchases are not in your books, and the burden goes back to the officer. A s.69C addition of Rs. 38,68,049 was deleted where the purchase register - covering both the firm and the company that succeeded it during the year - recorded no purchase at all from the concern named in the information from a search on a third-party group. Applying K.P. Varghese, the onus of establishing that the conditions of taxability are fulfilled is always on the Revenue, and an assessee cannot be called upon to prove a negative. The first appellate authority had himself recorded that the register showed no such purchase and had then sustained the addition on a theory of his own.

Decided by the ITAT (ITAT Mumbai Bench 'A' - Amit Shukla (Judicial Member) and Girish Agrawal (Accountant Member); order delivered by Girish Agrawal, AM; ITA No. 3097 (Mum.) of 2025; AY 2012-13) on 2025-08-28, reported as [2025] 178 taxmann.com 454 (Mum.)(Trib.); (2025) 127 ITR (Trib.) 265 (Mum.)(Trib.); ITA No. 3097 (Mum.) of 2025; AY 2012-13. It bears on section 69C, section 147, section 148 of the Income Tax Act 1961, in Cash Credits & Unexplained Money, Evidence & Burden of Proof and Reassessment & Reopening matters.

Validity check could not be completed. Unverified. The order has been read in full and nothing on its record shows any later treatment - no decision applying, following, affirming, doubting or reversing it, and no appeal to the High Court disclosed. Absence of contrary authority is not good law, so the status stays where it is. What is now settled first-hand is the record: the cause title names the Income-tax Officer as respondent, not a circle; the appeal is ITA No. 3097 (Mum.) of 2025 for AY 2012-13; the Bench is Mumbai Bench 'A', Amit Shukla (Judicial Member) and Girish Agrawal (Accountant Member), who delivered the order; the date is 28 August 2025, not the 8 September 2025 a secondary report gave, which is at best a publication date; and the citations are [2025] 178 taxmann.com 454 and (2025) 127 ITR (Trib.) 265. On the provision, no amendment to s.69C after the order was traced; a published concordance puts the successor at s.105 of the Income-tax Act, 2025, in force from 1 April 2026, and whether that text differs materially has not been established. Where this was checked.

Why it matters

A large share of s.69C notices are generated from a list of alleged accommodation-entry providers thrown up by a search on somebody else, without anyone checking the assessee's own ledgers first. This is the answer where the transaction is simply not yours: you do not have to explain a purchase you never made, and the officer cannot shift that to you. What makes this order useful is how far the concession went - the first appellate authority recorded in his own order that the purchase register showed no purchase from the alleged concern, and then sustained the addition on a theory of his own about off-book imports, which the Tribunal treated as unsupported by material. The decision turns on the purchases being absent from the books altogether, and it does not touch the case where the purchases are in the books and the supplier is a listed entry provider.

Binding on the AO and CIT(A) within the Tribunal's jurisdiction. Persuasive elsewhere.

Not yet CA-verified. This entry was found through the sources listed under the Sources tab, and the summary reflects what those sources say. Nobody has yet read the full judgment and signed it off. Check the source before relying on it.

Read aloud by your device. Press again to stop.

Related

Other authorities on the same sections.

Used in these worked examples

Notice situations where this decision carries one of the steps.
The purchases are called accommodation entries, the whole invoice value is proposed, and a penalty of the same amount alongsideThe notice wants to add my entire Rs 3.42 crore of purchases, not the profit in them, and there is a separate penalty show-cause for the same figure. The supplier's statement has not been given to me and the goods are in my stock register. Where do I start?