https://www.taxtmi.com/caselaws?id=61683 The Tribunal upheld the CIT(A)'s decisions, dismissing the appeal by the Revenue and the CO filed by the assessee. The additions made by the AO under Section 68 for a liability in the name of Shri Chandu Lal and on account of bogus purchases were deleted. The Tribunal found no justification for the AO's presumptions and discrepancies, affirming the genuineness of the liability and the validity of the purchases. en-us Tue, 19 Mar 2002 00:00:00 +0530 Thu, 13 Jan 2011 18:33:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=61683 The Tribunal upheld the CIT(A)'s decisions, dismissing the appeal by the Revenue and the CO filed by the assessee. The additions made by the AO under Section 68 for a liability in the name of Shri Chandu Lal and on account of bogus purchases were deleted. The Tribunal found no justification for the AO's presumptions and discrepancies, affirming the genuineness of the liability and the validity of the purchases. Case-Laws Income Tax Tue, 19 Mar 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=61683