IN THE INCOME TAX APPELLATE TRIBUNAL “G” BENCH, MUMBAI BEFORE SHRI SAKTIJIT DEY, VP &

MS PADMAVATHY S, AM I.T.A. No. 1299/Mum/2025 (Assessment Year: 2008-09)

Income Tax Officer-19(3)(1), Salem Steel Industries, 405, 4^th Floor, Piramal Chambers, 33, Sindhi Lane, Near Alankar Vs.

Lalbaug, Parel, Mumbai-400012. C inema, Maharashtra-400004.

PAN: AAOFS8839D Appellant) : Respondent Revenue / Appellant by : Shri Swapnil Choudhary, CIT-DR Assessee / Respondent by : None Date of Hearing : 11.09.2025 Date of Pronouncement : 22.09.2025 O R D E R Per Padmavathy S, AM:

This appeal by the Revenue is against the order of the Commissioner of Income Tax (Appeals) / National Faceless Appeal Centre (NFAC), Delhi [In short 'CIT(A)'] passed under section 250 of the Income Tax Act, 1961 (the Act) dated 06.12.2024 for Assessment Years (AY) 2008-09. The grounds raised by the Revenue are as under:

“1." Whether on the facts and circumstances of the case and in law, the Ld. CIT(A) has erred in restricting the bogus purchases @ 25% as against 100% addition of Rs. 37,35,984/- made by the AO u/s 69C of the Income-Tax Act, 1961, on account of bogus purchases from M/s. Shree Sundha Steels Pvt. Ltd and M/s. Metalex Tub