https://www.taxtmi.com/caselaws?id=297338 The High Court remitted the case back to the Assessing Officer for a fresh decision on the genuineness of purchases made by the assessee under section 69C and its proviso. The court emphasized adherence to established legal principles and directed verification of transactions in line with relevant judgments, including Vijay Proteins Ltd. The appeal was disposed of, providing guidance on the legal framework for assessing purchase genuineness. en-us Thu, 03 Nov 2016 00:00:00 +0530 Sat, 28 Aug 2021 09:20:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=297338 The High Court remitted the case back to the Assessing Officer for a fresh decision on the genuineness of purchases made by the assessee under section 69C and its proviso. The court emphasized adherence to established legal principles and directed verification of transactions in line with relevant judgments, including Vijay Proteins Ltd. The appeal was disposed of, providing guidance on the legal framework for assessing purchase genuineness. Case-Laws Income Tax Thu, 03 Nov 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=297338