https://www.taxtmi.com/caselaws?id=339630 The Tribunal overturned the addition of Rs. 6,12,261 on account of bogus purchases made by the AO, disagreeing with the CIT(A)'s decision. The Tribunal found that the burden of proof was not met by the revenue department, emphasizing the lack of confrontation with the assessee regarding the hawala entries. The appeal was allowed, highlighting the importance of proper investigation and evidence before making such additions. en-us Mon, 27 Feb 2017 00:00:00 +0530 Sat, 04 Mar 2017 13:49:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=339630 The Tribunal overturned the addition of Rs. 6,12,261 on account of bogus purchases made by the AO, disagreeing with the CIT(A)'s decision. The Tribunal found that the burden of proof was not met by the revenue department, emphasizing the lack of confrontation with the assessee regarding the hawala entries. The appeal was allowed, highlighting the importance of proper investigation and evidence before making such additions. Case-Laws Income Tax Mon, 27 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=339630