https://www.taxtmi.com/caselaws?id=372431 The Tribunal dismissed the Revenue's appeal, upholding the decision of the ld.CIT(A) to delete the addition of &8377;43,09,98,411 on account of bogus purchases. The Tribunal found that the notice under section 148 was issued without the necessary approval, rendering it void ab initio and the assessment order unsustainable. Emphasizing the requirement of approval for issuing such notices, the Tribunal affirmed the deletion of the addition, highlighting the importance of maintaining validity in assessment procedures. en-us Wed, 14 Nov 2018 00:00:00 +0530 Sat, 22 Dec 2018 08:48:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=372431 The Tribunal dismissed the Revenue's appeal, upholding the decision of the ld.CIT(A) to delete the addition of &8377;43,09,98,411 on account of bogus purchases. The Tribunal found that the notice under section 148 was issued without the necessary approval, rendering it void ab initio and the assessment order unsustainable. Emphasizing the requirement of approval for issuing such notices, the Tribunal affirmed the deletion of the addition, highlighting the importance of maintaining validity in assessment procedures. Case-Laws Income Tax Wed, 14 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=372431