https://www.taxtmi.com/caselaws?id=359787 The Tribunal partly allowed the assessee's appeal and dismissed the Revenue's appeals. The decision was based on the overall consideration of facts and legal precedents, leading to the modification of the disallowance percentage for the alleged bogus purchases. The Tribunal upheld a 12.5% disallowance of the bogus purchases, differing from the lower authorities' orders. en-us Wed, 02 May 2018 00:00:00 +0530 Fri, 04 May 2018 08:51:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=359787 The Tribunal partly allowed the assessee's appeal and dismissed the Revenue's appeals. The decision was based on the overall consideration of facts and legal precedents, leading to the modification of the disallowance percentage for the alleged bogus purchases. The Tribunal upheld a 12.5% disallowance of the bogus purchases, differing from the lower authorities' orders. Case-Laws Income Tax Wed, 02 May 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=359787