https://www.taxtmi.com/caselaws?id=399733 The Tribunal dismissed the revenue's appeal against the Ld. CIT(A)'s decision to partly allow the assessee's appeal, reducing the disallowance based on the genuineness of purchases. The Tribunal upheld the findings that although purchases from suspected parties were not genuine, the overall purchases were valid as the sales declared by the assessee were not in question. Additionally, the Tribunal considered the impact of the Covid-19 lockdown on the procedural issue of pronouncing the order beyond the 90-day limit, ultimately allowing the assessee's appeal and dismissing the Assessing Officer's appeal. en-us Mon, 27 Jul 2020 00:00:00 +0530 Sat, 17 Oct 2020 13:23:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=399733 The Tribunal dismissed the revenue's appeal against the Ld. CIT(A)'s decision to partly allow the assessee's appeal, reducing the disallowance based on the genuineness of purchases. The Tribunal upheld the findings that although purchases from suspected parties were not genuine, the overall purchases were valid as the sales declared by the assessee were not in question. Additionally, the Tribunal considered the impact of the Covid-19 lockdown on the procedural issue of pronouncing the order beyond the 90-day limit, ultimately allowing the assessee's appeal and dismissing the Assessing Officer's appeal. Case-Laws Income Tax Mon, 27 Jul 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=399733