https://www.taxtmi.com/caselaws?id=178066 The Tribunal dismissed the revenue's appeal against the deletion of addition on account of alleged bogus purchases for Assessment Year 2007-08. The CIT(A) found that the purchases were supported by proper documentation, recorded in the books of account, and entered in the stock register. The Tribunal upheld the CIT(A)'s decision, emphasizing the significance of maintaining accurate records to substantiate transactions. en-us Wed, 15 May 2013 00:00:00 +0530 Wed, 27 Jan 2016 18:12:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=178066 The Tribunal dismissed the revenue's appeal against the deletion of addition on account of alleged bogus purchases for Assessment Year 2007-08. The CIT(A) found that the purchases were supported by proper documentation, recorded in the books of account, and entered in the stock register. The Tribunal upheld the CIT(A)'s decision, emphasizing the significance of maintaining accurate records to substantiate transactions. Case-Laws Income Tax Wed, 15 May 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=178066