https://www.taxtmi.com/caselaws?id=403863 The Tribunal upheld the Commissioner (Appeals) decision to reduce the addition related to non-genuine purchases by the Assessing Officer to 12.5% for Assessment Year 2009-10. Despite doubts on the purchases' genuineness, the Tribunal found the Commissioner's decision reasonable, considering the evidence provided by the assessee and the nature of the business. The appeal filed by the Revenue was dismissed, affirming the Commissioner's order. en-us Thu, 28 Jan 2021 00:00:00 +0530 Tue, 09 Feb 2021 13:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=403863 The Tribunal upheld the Commissioner (Appeals) decision to reduce the addition related to non-genuine purchases by the Assessing Officer to 12.5% for Assessment Year 2009-10. Despite doubts on the purchases' genuineness, the Tribunal found the Commissioner's decision reasonable, considering the evidence provided by the assessee and the nature of the business. The appeal filed by the Revenue was dismissed, affirming the Commissioner's order. Case-Laws Income Tax Thu, 28 Jan 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=403863