https://www.taxtmi.com/caselaws?id=394499 The appeal against the CIT(A)'s decision to confirm the addition of bogus purchases under section 69C of the Income Tax Act was dismissed. The appellant failed to provide sufficient evidence to support the legitimacy of the transactions, despite arguments about the firm's genuine business activities and the evidence presented before the Assessing Officer. The CIT(A) upheld the addition, citing the lack of proof of the purchases' authenticity. en-us Mon, 02 Mar 2020 00:00:00 +0530 Tue, 14 Apr 2020 15:36:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=394499 The appeal against the CIT(A)'s decision to confirm the addition of bogus purchases under section 69C of the Income Tax Act was dismissed. The appellant failed to provide sufficient evidence to support the legitimacy of the transactions, despite arguments about the firm's genuine business activities and the evidence presented before the Assessing Officer. The CIT(A) upheld the addition, citing the lack of proof of the purchases' authenticity. Case-Laws Income Tax Mon, 02 Mar 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=394499