https://www.taxtmi.com/caselaws?id=376701 The Tribunal affirmed the addition of Rs. 8,91,703/- (12.5% of bogus purchases) made by the Assessing Officer and confirmed by the Commissioner of Income Tax (Appeal). The assessee failed to establish the genuineness of transactions with parties identified as bogus billers by the Sales Tax Department. Despite various decisions from higher courts cited, the Tribunal found no infirmity in the order and dismissed the appeal, upholding the addition. The final order was pronounced on 18/12/2018, dismissing the appeal of the assessee. en-us Tue, 18 Dec 2018 00:00:00 +0530 Thu, 14 Mar 2019 14:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=376701 The Tribunal affirmed the addition of Rs. 8,91,703/- (12.5% of bogus purchases) made by the Assessing Officer and confirmed by the Commissioner of Income Tax (Appeal). The assessee failed to establish the genuineness of transactions with parties identified as bogus billers by the Sales Tax Department. Despite various decisions from higher courts cited, the Tribunal found no infirmity in the order and dismissed the appeal, upholding the addition. The final order was pronounced on 18/12/2018, dismissing the appeal of the assessee. Case-Laws Income Tax Tue, 18 Dec 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=376701