https://www.taxtmi.com/caselaws?id=372430 The Tribunal partly allowed the appeals filed by the assessee, reducing the addition on account of non-genuine purchases to 5% for both assessment years 2009-10 and 2010-11. The decision was influenced by a previous case where a similar restriction was imposed, emphasizing the need for proper documentation to support purchases and avoid such additions in income tax assessments. en-us Wed, 14 Nov 2018 00:00:00 +0530 Fri, 21 Dec 2018 11:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=372430 The Tribunal partly allowed the appeals filed by the assessee, reducing the addition on account of non-genuine purchases to 5% for both assessment years 2009-10 and 2010-11. The decision was influenced by a previous case where a similar restriction was imposed, emphasizing the need for proper documentation to support purchases and avoid such additions in income tax assessments. Case-Laws Income Tax Wed, 14 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=372430