https://www.taxtmi.com/caselaws?id=267146 The appeal of the assessee, a partnership firm, was partly allowed in a case where the Assessing Officer (AO) rejected the books of account due to unverifiable purchases. The AO made an addition of Rs. 3,57,741, which was upheld by the ld. CIT(A). However, the Coordinate Bench restricted the addition to 15% of the unverifiable purchases, citing legal precedents and decisions in similar cases. en-us Thu, 24 Sep 2015 00:00:00 +0530 Sat, 31 Oct 2015 09:40:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=267146 The appeal of the assessee, a partnership firm, was partly allowed in a case where the Assessing Officer (AO) rejected the books of account due to unverifiable purchases. The AO made an addition of Rs. 3,57,741, which was upheld by the ld. CIT(A). However, the Coordinate Bench restricted the addition to 15% of the unverifiable purchases, citing legal precedents and decisions in similar cases. Case-Laws Income Tax Thu, 24 Sep 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=267146