https://www.taxtmi.com/caselaws?id=334775 The appeal challenging the Income-tax Appellate Tribunal's order to delete the addition of Rs. 1,33,29,548 made by the Assessing Officer on account of bogus purchases for the assessment year 2007-08 was dismissed. The Tribunal found discrepancies in the Assessing Officer's approach, noting that the assessee cooperated by providing details of disputed creditors, and payments were made through traceable account payee cheques. As the Tribunal upheld the assessee's contentions, no substantial question of law arose for interference, leading to the dismissal of the appeal and related issues. en-us Mon, 04 Jul 2016 00:00:00 +0530 Mon, 21 Nov 2016 13:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=334775 The appeal challenging the Income-tax Appellate Tribunal's order to delete the addition of Rs. 1,33,29,548 made by the Assessing Officer on account of bogus purchases for the assessment year 2007-08 was dismissed. The Tribunal found discrepancies in the Assessing Officer's approach, noting that the assessee cooperated by providing details of disputed creditors, and payments were made through traceable account payee cheques. As the Tribunal upheld the assessee's contentions, no substantial question of law arose for interference, leading to the dismissal of the appeal and related issues. Case-Laws Income Tax Mon, 04 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=334775