https://www.taxtmi.com/caselaws?id=375071 The Tribunal partly allowed the appeals, reducing the profit estimation from 12.5% to 11% regarding alleged bogus purchases. The Tribunal considered the lack of proof for genuine purchases and upheld the addition under section 69C of the Income Tax Act. Stay petitions were dismissed as the appeals were decided on merit. The decision was rendered on 11/12/2018. en-us Tue, 11 Dec 2018 00:00:00 +0530 Thu, 14 Feb 2019 06:20:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=375071 The Tribunal partly allowed the appeals, reducing the profit estimation from 12.5% to 11% regarding alleged bogus purchases. The Tribunal considered the lack of proof for genuine purchases and upheld the addition under section 69C of the Income Tax Act. Stay petitions were dismissed as the appeals were decided on merit. The decision was rendered on 11/12/2018. Case-Laws Income Tax Tue, 11 Dec 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=375071