https://www.taxtmi.com/caselaws?id=342465 The Appeals involved challenges to the addition of alleged bogus purchases and the disallowance of Service Tax Liability under Section 43B for Assessment Years 2009-10 and 2010-11. The Tribunal reduced the additions on alleged bogus purchases from 20% to 12.5% for both years, citing lack of concrete proof. Regarding the Service Tax Liability, the Tribunal directed verification of the outstanding amount to determine if it was payable under service tax rules, potentially leading to deletion of the addition. Ultimately, the revenue's appeals were dismissed, and the assessee's appeals were partly allowed in the decision pronounced on 02nd May 2017. en-us Tue, 02 May 2017 00:00:00 +0530 Fri, 05 May 2017 07:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=342465 The Appeals involved challenges to the addition of alleged bogus purchases and the disallowance of Service Tax Liability under Section 43B for Assessment Years 2009-10 and 2010-11. The Tribunal reduced the additions on alleged bogus purchases from 20% to 12.5% for both years, citing lack of concrete proof. Regarding the Service Tax Liability, the Tribunal directed verification of the outstanding amount to determine if it was payable under service tax rules, potentially leading to deletion of the addition. Ultimately, the revenue's appeals were dismissed, and the assessee's appeals were partly allowed in the decision pronounced on 02nd May 2017. Case-Laws Income Tax Tue, 02 May 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=342465