https://www.taxtmi.com/caselaws?id=295182 The High Court upheld the Tribunal's decision to add 25% of alleged bogus purchases, finding it justified based on substantial evidence and legal precedents. The Court also held that there was no violation of natural justice principles in the ex parte decision by the ITAT, as the decision was deemed well-founded and based on the case's merits. Consequently, both appeals were dismissed, affirming the Tribunal's order. en-us Tue, 03 Mar 2020 00:00:00 +0530 Sat, 22 May 2021 08:24:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=295182 The High Court upheld the Tribunal's decision to add 25% of alleged bogus purchases, finding it justified based on substantial evidence and legal precedents. The Court also held that there was no violation of natural justice principles in the ex parte decision by the ITAT, as the decision was deemed well-founded and based on the case's merits. Consequently, both appeals were dismissed, affirming the Tribunal's order. Case-Laws Income Tax Tue, 03 Mar 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=295182