https://www.taxtmi.com/caselaws?id=284752 The tribunal partly allowed the appeal by modifying the estimation of profit on alleged bogus purchases, reducing the addition from Rs. 8,349,395 to Rs. 1,335,903. The other grounds challenging the rejection of books of accounts, validity of assessment proceedings, confirmation of the order under section 143(3) rws 147, and charging of interest under sections 234A, 234B, 234C, and 234D were dismissed. The decision was rendered on 29th August 2019. en-us Thu, 29 Aug 2019 00:00:00 +0530 Mon, 09 Dec 2019 10:19:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=284752 The tribunal partly allowed the appeal by modifying the estimation of profit on alleged bogus purchases, reducing the addition from Rs. 8,349,395 to Rs. 1,335,903. The other grounds challenging the rejection of books of accounts, validity of assessment proceedings, confirmation of the order under section 143(3) rws 147, and charging of interest under sections 234A, 234B, 234C, and 234D were dismissed. The decision was rendered on 29th August 2019. Case-Laws Income Tax Thu, 29 Aug 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=284752