https://www.taxtmi.com/caselaws?id=270563 The Tribunal partially allowed the appeal, restricting the addition to the gross profit element on the disputed purchases. The decision emphasized the importance of providing supporting evidence to establish the genuineness of transactions and the application of a gross profit rate in cases of doubt regarding purchases. en-us Mon, 19 Oct 2015 00:00:00 +0530 Sun, 10 Jan 2016 21:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=270563 The Tribunal partially allowed the appeal, restricting the addition to the gross profit element on the disputed purchases. The decision emphasized the importance of providing supporting evidence to establish the genuineness of transactions and the application of a gross profit rate in cases of doubt regarding purchases. Case-Laws Income Tax Mon, 19 Oct 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=270563