https://www.taxtmi.com/caselaws?id=423278 The Tribunal remitted the issue of addition on account of bogus purchases back to the Commissioner of Income Tax (Appeals) for fresh consideration after reviewing the final order of the Commercial Tax Department. The case was disposed of ex parte in favor of the Revenue due to the repeated non-appearance of the assessee. The reassessment of unaccounted purchases and sales was also remitted back to the CIT(A) for review based on subsequent orders from the Commercial Tax Department, resulting in the appeal of the Revenue being allowed for statistical purposes. en-us Mon, 23 May 2022 00:00:00 +0530 Thu, 02 Jun 2022 14:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=423278 The Tribunal remitted the issue of addition on account of bogus purchases back to the Commissioner of Income Tax (Appeals) for fresh consideration after reviewing the final order of the Commercial Tax Department. The case was disposed of ex parte in favor of the Revenue due to the repeated non-appearance of the assessee. The reassessment of unaccounted purchases and sales was also remitted back to the CIT(A) for review based on subsequent orders from the Commercial Tax Department, resulting in the appeal of the Revenue being allowed for statistical purposes. Case-Laws Income Tax Mon, 23 May 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=423278