https://www.taxtmi.com/caselaws?id=278787 The Income Tax Appellate Tribunal (ITAT) upheld the CIT(A)'s decision to disallow 3.34% of the total alleged amount attributed to bogus purchases by the appellant. Despite evidence indicating the purchases were bogus and lacked proof of actual goods movement, the CIT(A) chose a partial disallowance. The ITAT, considering precedents and the appellant's benefit from the CIT(A), dismissed the appeal, affirming the CIT(A)'s order. The decision was pronounced on July 6th, 2017. en-us Thu, 06 Jul 2017 00:00:00 +0530 Thu, 21 Feb 2019 06:13:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=278787 The Income Tax Appellate Tribunal (ITAT) upheld the CIT(A)'s decision to disallow 3.34% of the total alleged amount attributed to bogus purchases by the appellant. Despite evidence indicating the purchases were bogus and lacked proof of actual goods movement, the CIT(A) chose a partial disallowance. The ITAT, considering precedents and the appellant's benefit from the CIT(A), dismissed the appeal, affirming the CIT(A)'s order. The decision was pronounced on July 6th, 2017. Case-Laws Income Tax Thu, 06 Jul 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=278787