https://www.taxtmi.com/caselaws?id=395648 The Tribunal dismissed the Revenue's appeal, affirming the CIT(A)'s decision to restrict the disallowance to 5% of the alleged bogus purchases. The procedural issue regarding the delayed pronouncement was resolved by excluding the lockdown period, ensuring compliance with the Appellate Tribunal Rules, 1963. The order was pronounced in favor of the assessee, upholding the CIT(A)'s findings and dismissing the Revenue's contentions. en-us Wed, 27 May 2020 00:00:00 +0530 Mon, 01 Jun 2020 09:42:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=395648 The Tribunal dismissed the Revenue's appeal, affirming the CIT(A)'s decision to restrict the disallowance to 5% of the alleged bogus purchases. The procedural issue regarding the delayed pronouncement was resolved by excluding the lockdown period, ensuring compliance with the Appellate Tribunal Rules, 1963. The order was pronounced in favor of the assessee, upholding the CIT(A)'s findings and dismissing the Revenue's contentions. Case-Laws Income Tax Wed, 27 May 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=395648