https://www.taxtmi.com/caselaws?id=293245 The tribunal allowed the appeal for statistical purposes and remanded the case to the Assessing Officer for further verification on the consumption of alleged bogus purchases. The burden of proof was on the assessee to demonstrate the utilization of the purchased material in its manufacturing process. The tribunal emphasized the importance of proving consumption in cases involving alleged bogus purchases and directed a fair verification process by sending the matter back to the Assessing Officer. en-us Wed, 21 Aug 2019 00:00:00 +0530 Tue, 02 Feb 2021 14:02:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=293245 The tribunal allowed the appeal for statistical purposes and remanded the case to the Assessing Officer for further verification on the consumption of alleged bogus purchases. The burden of proof was on the assessee to demonstrate the utilization of the purchased material in its manufacturing process. The tribunal emphasized the importance of proving consumption in cases involving alleged bogus purchases and directed a fair verification process by sending the matter back to the Assessing Officer. Case-Laws Income Tax Wed, 21 Aug 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=293245