https://www.taxtmi.com/caselaws?id=397563 The Tribunal found that the assessee adequately substantiated the purchases from M/s Maa Durga Trading Company with evidence such as transit challans, payment details, and stock registers. The Tribunal disagreed with the AO and CIT (A)'s assessment, noting the non-service of notices under section 133(6) after 8 years was insufficient to deem the purchases bogus. Consequently, the Tribunal ruled in favor of the assessee, deeming the purchases genuine and deleting the disallowed amount of ? 13,09,552. The assessee's appeal was allowed. en-us Mon, 20 Jul 2020 00:00:00 +0530 Sat, 22 Aug 2020 11:41:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=397563 The Tribunal found that the assessee adequately substantiated the purchases from M/s Maa Durga Trading Company with evidence such as transit challans, payment details, and stock registers. The Tribunal disagreed with the AO and CIT (A)'s assessment, noting the non-service of notices under section 133(6) after 8 years was insufficient to deem the purchases bogus. Consequently, the Tribunal ruled in favor of the assessee, deeming the purchases genuine and deleting the disallowed amount of ? 13,09,552. The assessee's appeal was allowed. Case-Laws Income Tax Mon, 20 Jul 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=397563