https://www.taxtmi.com/caselaws?id=409642 The Tribunal upheld the Commissioner's decision to confirm disallowances and additions made by the assessing officer for alleged non-genuine purchases in multiple assessment years. Despite the assessee's submission of documentary evidence, the assessing officer and Commissioner remained unconvinced, leading to the dismissal of appeals due to profit element estimations. The Tribunal found the decision consistent with previous cases and upheld the disallowances based on available evidence and legal principles. en-us Thu, 15 Apr 2021 00:00:00 +0530 Wed, 14 Jul 2021 06:25:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=409642 The Tribunal upheld the Commissioner's decision to confirm disallowances and additions made by the assessing officer for alleged non-genuine purchases in multiple assessment years. Despite the assessee's submission of documentary evidence, the assessing officer and Commissioner remained unconvinced, leading to the dismissal of appeals due to profit element estimations. The Tribunal found the decision consistent with previous cases and upheld the disallowances based on available evidence and legal principles. Case-Laws Income Tax Thu, 15 Apr 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=409642