https://www.taxtmi.com/caselaws?id=242837 Purchases were treated as bogus where the alleged suppliers could not be traced, the transport agencies were non-existent, and cheque payments were promptly withdrawn in cash from a bank account opened elsewhere, showing paper transactions only. On these facts, the Tribunal's findings were held to be factual, not perverse or contrary to record, and the return was treated as incorrect and incomplete. The rejection of the purchase claims and the consequential best judgment assessment were therefore upheld against the assessee. en-us Thu, 02 Jan 2014 00:00:00 +0530 Tue, 08 Jul 2014 11:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=242837 Purchases were treated as bogus where the alleged suppliers could not be traced, the transport agencies were non-existent, and cheque payments were promptly withdrawn in cash from a bank account opened elsewhere, showing paper transactions only. On these facts, the Tribunal's findings were held to be factual, not perverse or contrary to record, and the return was treated as incorrect and incomplete. The rejection of the purchase claims and the consequential best judgment assessment were therefore upheld against the assessee. Case-Laws VAT and Sales Tax Thu, 02 Jan 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=242837