https://www.taxtmi.com/caselaws?id=412650 The Appellate Tribunal ITAT Delhi dismissed the Revenue's appeal against the CIT(A) order reducing the addition on account of bogus purchases. The Tribunal found that the assessee had substantiated the genuineness of most purchases, except for one party, justifying the reduction in the addition amount. The decision was based on the evidence provided and the past acceptance of transactions from the parties involved. en-us Tue, 21 Sep 2021 00:00:00 +0530 Thu, 23 Sep 2021 07:06:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=412650 The Appellate Tribunal ITAT Delhi dismissed the Revenue's appeal against the CIT(A) order reducing the addition on account of bogus purchases. The Tribunal found that the assessee had substantiated the genuineness of most purchases, except for one party, justifying the reduction in the addition amount. The decision was based on the evidence provided and the past acceptance of transactions from the parties involved. Case-Laws Income Tax Tue, 21 Sep 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=412650