https://www.taxtmi.com/caselaws?id=394420 The tribunal partially allowed the appeals for AY 2008-09, 2011-12, and 2014-15, directing the AO to estimate a 6% profit margin on alleged non-genuine purchases, instead of the 8% initially determined. This decision aligns with judicial precedents, including ITAT rulings in similar cases. The tribunal's order was pronounced on 29/01/2020. en-us Wed, 29 Jan 2020 00:00:00 +0530 Wed, 06 Nov 2024 12:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=394420 The tribunal partially allowed the appeals for AY 2008-09, 2011-12, and 2014-15, directing the AO to estimate a 6% profit margin on alleged non-genuine purchases, instead of the 8% initially determined. This decision aligns with judicial precedents, including ITAT rulings in similar cases. The tribunal's order was pronounced on 29/01/2020. Case-Laws Income Tax Wed, 29 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=394420