https://www.taxtmi.com/caselaws?id=326187 The Tribunal partly allowed the assessee's appeal, relieving them of the ad-hoc disallowance of business expenses and directing a re-examination of the sundry creditors' ageing analysis. However, the addition on account of purchases from suspicious dealers was upheld. The Tribunal emphasized the genuineness of the expenses and lack of evidence regarding the purchases from suspicious dealers. The decision was pronounced on 01/03/2016. en-us Tue, 01 Mar 2016 00:00:00 +0530 Fri, 08 Apr 2016 12:19:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=326187 The Tribunal partly allowed the assessee's appeal, relieving them of the ad-hoc disallowance of business expenses and directing a re-examination of the sundry creditors' ageing analysis. However, the addition on account of purchases from suspicious dealers was upheld. The Tribunal emphasized the genuineness of the expenses and lack of evidence regarding the purchases from suspicious dealers. The decision was pronounced on 01/03/2016. Case-Laws Income Tax Tue, 01 Mar 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=326187