https://www.taxtmi.com/caselaws?id=405304 The ITAT upheld the CIT(A)'s decision to restrict the disallowance to 6.75% of bogus purchases, based on judicial precedents and business nature. The ITAT affirmed the CIT(A)'s orders for multiple assessment years, dismissing Revenue's appeals challenging the disallowance percentages set by the CIT(A). en-us Tue, 16 Mar 2021 00:00:00 +0530 Wed, 17 Mar 2021 09:10:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=405304 The ITAT upheld the CIT(A)'s decision to restrict the disallowance to 6.75% of bogus purchases, based on judicial precedents and business nature. The ITAT affirmed the CIT(A)'s orders for multiple assessment years, dismissing Revenue's appeals challenging the disallowance percentages set by the CIT(A). Case-Laws Income Tax Tue, 16 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=405304