https://www.taxtmi.com/caselaws?id=304671 The ITAT upheld the validity of the reopening under Section 147 but noted it was not pressed by the assessee. The rejection of books of accounts was deemed improper, and additions for alleged bogus purchases were deleted due to lack of concrete evidence. The department's appeals were dismissed, and the assessee's cross objections were partially allowed, resulting in the deletion of the additions. The judgment was pronounced on 31st July 2019. en-us Wed, 31 Jul 2019 00:00:00 +0530 Fri, 14 Oct 2022 08:46:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=304671 The ITAT upheld the validity of the reopening under Section 147 but noted it was not pressed by the assessee. The rejection of books of accounts was deemed improper, and additions for alleged bogus purchases were deleted due to lack of concrete evidence. The department's appeals were dismissed, and the assessee's cross objections were partially allowed, resulting in the deletion of the additions. The judgment was pronounced on 31st July 2019. Case-Laws Income Tax Wed, 31 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=304671