https://www.taxtmi.com/caselaws?id=383299 The High Court upheld the decision of the Income Tax Appellate Tribunal and the CIT(A) to delete the addition of Rs. 66,76,237 made on account of bogus purchases for the assessment year 2011-12. The Court found that the Revenue authorities had provided sufficient evidence to prove the genuineness of the transactions, and there was no basis to disturb their concurrent findings. Consequently, the Court dismissed the Revenue's appeal, affirming the deletion of the addition. en-us Tue, 09 Jul 2019 00:00:00 +0530 Sat, 20 Jul 2019 09:21:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=383299 The High Court upheld the decision of the Income Tax Appellate Tribunal and the CIT(A) to delete the addition of Rs. 66,76,237 made on account of bogus purchases for the assessment year 2011-12. The Court found that the Revenue authorities had provided sufficient evidence to prove the genuineness of the transactions, and there was no basis to disturb their concurrent findings. Consequently, the Court dismissed the Revenue's appeal, affirming the deletion of the addition. Case-Laws Income Tax Tue, 09 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=383299