https://www.taxtmi.com/caselaws?id=270814 The tribunal directed the AO to delete the adhoc addition made on the amount of bogus purchases but upheld the addition based on the difference in GP on undisputed purchases and sales from disputed parties. The appeals of the revenue were dismissed, while the appeals of the assessee were partially allowed. en-us Wed, 28 Oct 2015 00:00:00 +0530 Sat, 16 Jan 2016 11:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=270814 The tribunal directed the AO to delete the adhoc addition made on the amount of bogus purchases but upheld the addition based on the difference in GP on undisputed purchases and sales from disputed parties. The appeals of the revenue were dismissed, while the appeals of the assessee were partially allowed. Case-Laws Income Tax Wed, 28 Oct 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=270814