https://www.taxtmi.com/caselaws?id=298150 The Tribunal concluded that the addition of Rs. 8,01,93,887/- for alleged bogus purchases was unjustified. The Tribunal found that the documentary evidence provided by the assessee, including purchase invoices, stock registers, and confirmations, was reliable and not disputed by the authorities. Therefore, the Tribunal set aside the lower authorities' orders and deleted the entire addition, ruling in favor of the assessee. en-us Tue, 27 Aug 2019 00:00:00 +0530 Thu, 14 Oct 2021 09:13:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=298150 The Tribunal concluded that the addition of Rs. 8,01,93,887/- for alleged bogus purchases was unjustified. The Tribunal found that the documentary evidence provided by the assessee, including purchase invoices, stock registers, and confirmations, was reliable and not disputed by the authorities. Therefore, the Tribunal set aside the lower authorities' orders and deleted the entire addition, ruling in favor of the assessee. Case-Laws Income Tax Tue, 27 Aug 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=298150