https://www.taxtmi.com/caselaws?id=169471 HC upheld the Tribunal's finding that two challenged amounts were credit purchases accepted by the AO, so provisions of section 68 did not apply. The court agreed the additions under section 68 were not warranted, answered the referred question in favour of the assessee and against the revenue, and dismissed the appeal with no order as to costs. en-us Mon, 21 Aug 2006 00:00:00 +0530 Mon, 18 Aug 2025 14:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=169471 HC upheld the Tribunal's finding that two challenged amounts were credit purchases accepted by the AO, so provisions of section 68 did not apply. The court agreed the additions under section 68 were not warranted, answered the referred question in favour of the assessee and against the revenue, and dismissed the appeal with no order as to costs. Case-Laws Income Tax Mon, 21 Aug 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=169471