https://www.taxtmi.com/caselaws?id=349010 The ITAT partly allowed the assessee's appeals, emphasizing the need for a thorough examination of evidence before making additions based on alleged bogus purchases. The court upheld the reopening of assessments u/s.147, stating that the appellant failed to disclose primary facts justifying the Assessing Officer's actions. However, the ITAT directed the Assessing Officer to reevaluate the case considering confirmations from dealers and all relevant supporting documents provided by the assessee regarding the bogus purchases. en-us Wed, 27 Sep 2017 00:00:00 +0530 Wed, 29 Nov 2017 17:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=349010 The ITAT partly allowed the assessee's appeals, emphasizing the need for a thorough examination of evidence before making additions based on alleged bogus purchases. The court upheld the reopening of assessments u/s.147, stating that the appellant failed to disclose primary facts justifying the Assessing Officer's actions. However, the ITAT directed the Assessing Officer to reevaluate the case considering confirmations from dealers and all relevant supporting documents provided by the assessee regarding the bogus purchases. Case-Laws Income Tax Wed, 27 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=349010