https://www.taxtmi.com/forum/issue?id=1558 Bogus purchases are disallowable unless the assessee establishes the reality of transactions through contemporaneous purchase documents, delivery and receipt records, stock or consumption entries, and accounting entries; external corroboration such as transporter notes, challans and insurance evidence materially supports the assessee, and supplier non cooperation does not by itself make a purchase bogus. en-us Fri, 23 Oct 2009 14:30:46 +0530 Thu, 23 Jan 2025 15:58:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=1558 Bogus purchases are disallowable unless the assessee establishes the reality of transactions through contemporaneous purchase documents, delivery and receipt records, stock or consumption entries, and accounting entries; external corroboration such as transporter notes, challans and insurance evidence materially supports the assessee, and supplier non cooperation does not by itself make a purchase bogus. Discussion-Forum Income Tax Fri, 23 Oct 2009 14:30:46 +0530 https://www.taxtmi.com/forum/issue?id=1558