https://www.taxtmi.com/highlights?id=37061 Bogus sale purchase transactions - providing accommodation entries - Though it is not the case of reopening but assessment, hence the higher burden lies on the assessee to prove genuineness of purchase and sales - merely because the purchases and sales have been shown in the books of accounts when they are shrouded with the non-genuineness does not help the assessee. - AT en-us Mon, 04 Dec 2017 08:15:34 +0530 Mon, 04 Dec 2017 08:15:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=37061 Bogus sale purchase transactions - providing accommodation entries - Though it is not the case of reopening but assessment, hence the higher burden lies on the assessee to prove genuineness of purchase and sales - merely because the purchases and sales have been shown in the books of accounts when they are shrouded with the non-genuineness does not help the assessee. - AT Highlights Income Tax Mon, 04 Dec 2017 08:15:34 +0530 https://www.taxtmi.com/highlights?id=37061