https://www.taxtmi.com/caselaws?id=412233 The Tribunal condoned the delay in filing the appeal due to the Covid-19 pandemic, allowing the appeal to be disposed of on merit. In the case of addition on account of bogus purchases, the Tribunal accepted the assessee's alternative contention, limiting the addition to 10% of the amount, providing relief. The disallowance based on a statement without an opportunity to cross-examine was deemed unjust, resulting in partial relief to the assessee. The Tribunal also agreed with the assessee's argument on the percentage of profit considered for addition, granting partial relief and partially allowing the appeal. en-us Mon, 12 Apr 2021 00:00:00 +0530 Tue, 14 Sep 2021 08:47:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=412233 The Tribunal condoned the delay in filing the appeal due to the Covid-19 pandemic, allowing the appeal to be disposed of on merit. In the case of addition on account of bogus purchases, the Tribunal accepted the assessee's alternative contention, limiting the addition to 10% of the amount, providing relief. The disallowance based on a statement without an opportunity to cross-examine was deemed unjust, resulting in partial relief to the assessee. The Tribunal also agreed with the assessee's argument on the percentage of profit considered for addition, granting partial relief and partially allowing the appeal. Case-Laws Income Tax Mon, 12 Apr 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=412233