https://www.taxtmi.com/caselaws?id=387952 The Tribunal upheld the addition of Rs. 9,91,425/- to the assessee's income under Section 40(A)(3) due to lack of evidence proving business transactions with a supplier. Additionally, the initial disallowance of Rs. 16,35,549/- was enhanced to Rs. 1,63,55,491/- as the assessee failed to substantiate cash purchases. The Tribunal affirmed the Commissioner of Income Tax (Appeals)' decisions, dismissing the appeal and confirming both additions under Section 40(A)(3). en-us Thu, 17 Oct 2019 00:00:00 +0530 Tue, 05 Nov 2019 15:45:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=387952 The Tribunal upheld the addition of Rs. 9,91,425/- to the assessee's income under Section 40(A)(3) due to lack of evidence proving business transactions with a supplier. Additionally, the initial disallowance of Rs. 16,35,549/- was enhanced to Rs. 1,63,55,491/- as the assessee failed to substantiate cash purchases. The Tribunal affirmed the Commissioner of Income Tax (Appeals)' decisions, dismissing the appeal and confirming both additions under Section 40(A)(3). Case-Laws Income Tax Thu, 17 Oct 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=387952