https://www.taxtmi.com/caselaws?id=352477 The Appellate Tribunal upheld the Commissioner of Income Tax (Appeals)'s decision regarding the validity of the assessment reopening and the addition based on alleged bogus purchases. The Tribunal agreed that the reopening was justified due to information from the Investigation Wing and upheld a 6% disallowance on the bogus purchases. The denial of cross-examination was deemed unnecessary. Both the assessee's and Revenue's appeals were dismissed. en-us Mon, 11 Dec 2017 00:00:00 +0530 Fri, 15 Dec 2017 08:38:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=352477 The Appellate Tribunal upheld the Commissioner of Income Tax (Appeals)'s decision regarding the validity of the assessment reopening and the addition based on alleged bogus purchases. The Tribunal agreed that the reopening was justified due to information from the Investigation Wing and upheld a 6% disallowance on the bogus purchases. The denial of cross-examination was deemed unnecessary. Both the assessee's and Revenue's appeals were dismissed. Case-Laws Income Tax Mon, 11 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=352477