https://www.taxtmi.com/caselaws?id=283000 The ITAT partially allowed the appeal regarding the addition of &8377; 7,21,803/- as bogus purchases, considering a GP of 5% instead of 3.5%. The ITAT fully allowed the appeal on the addition of &8377; 4,26,021/- for cash purchases, deleting the amount as the genuineness of the purchases was confirmed. The additions made by the AO and confirmed by the Ld. CIT(A) were thus deleted in both instances. en-us Fri, 28 Dec 2018 00:00:00 +0530 Tue, 03 Sep 2019 08:24:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=283000 The ITAT partially allowed the appeal regarding the addition of &8377; 7,21,803/- as bogus purchases, considering a GP of 5% instead of 3.5%. The ITAT fully allowed the appeal on the addition of &8377; 4,26,021/- for cash purchases, deleting the amount as the genuineness of the purchases was confirmed. The additions made by the AO and confirmed by the Ld. CIT(A) were thus deleted in both instances. Case-Laws Income Tax Fri, 28 Dec 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=283000