https://www.taxtmi.com/caselaws?id=293898 The Tribunal upheld the CIT(A)'s decision to restrict the net addition on account of bogus purchases to 7.5% of total purchases, dismissing the appeal filed by the assessee. The Tribunal found that the assessee availed hawala entries and followed precedent in limiting the addition. The decision was pronounced on 7th Dec, 2017. en-us Thu, 07 Dec 2017 00:00:00 +0530 Mon, 08 Mar 2021 19:21:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=293898 The Tribunal upheld the CIT(A)'s decision to restrict the net addition on account of bogus purchases to 7.5% of total purchases, dismissing the appeal filed by the assessee. The Tribunal found that the assessee availed hawala entries and followed precedent in limiting the addition. The decision was pronounced on 7th Dec, 2017. Case-Laws Income Tax Thu, 07 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=293898