https://www.taxtmi.com/caselaws?id=359690 The Tribunal allowed the appeal for A.Y. 2011-12, directing the A.O. to delete the addition for alleged bogus purchases. The decision was based on the findings from the A.Y. 2010-11 case, where the genuineness of purchases from disputed parties was confirmed through stock register entries, explanations, and cross-examination. The Tribunal upheld the appellant's explanations and established the legitimacy of the purchases, leading to the deletion of the addition for A.Y. 2011-12. en-us Tue, 01 May 2018 00:00:00 +0530 Thu, 03 May 2018 06:36:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=359690 The Tribunal allowed the appeal for A.Y. 2011-12, directing the A.O. to delete the addition for alleged bogus purchases. The decision was based on the findings from the A.Y. 2010-11 case, where the genuineness of purchases from disputed parties was confirmed through stock register entries, explanations, and cross-examination. The Tribunal upheld the appellant's explanations and established the legitimacy of the purchases, leading to the deletion of the addition for A.Y. 2011-12. Case-Laws Income Tax Tue, 01 May 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=359690