https://www.taxtmi.com/caselaws?id=189789 HC held that the ITAT's decision on addition for bogus purchases was purely factual and raised no substantial question of law. The addition was based on statements that the impugned transactions were mere accommodation entries without actual purchases or sales. The assessee had contended lack of opportunity to cross-examine the person whose statement was relied upon. HC found no legal infirmity in ITAT's appreciation of evidence and its conclusion on genuineness of purchases. Consequently, the appeal was dismissed. en-us Tue, 22 Feb 2011 00:00:00 +0530 Wed, 26 Nov 2025 14:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=189789 HC held that the ITAT's decision on addition for bogus purchases was purely factual and raised no substantial question of law. The addition was based on statements that the impugned transactions were mere accommodation entries without actual purchases or sales. The assessee had contended lack of opportunity to cross-examine the person whose statement was relied upon. HC found no legal infirmity in ITAT's appreciation of evidence and its conclusion on genuineness of purchases. Consequently, the appeal was dismissed. Case-Laws Income Tax Tue, 22 Feb 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=189789