https://www.taxtmi.com/caselaws?id=432746 The High Court upheld the Tribunal's decision in a tax appeal case where the Respondent, a civil contractor, successfully proved the genuineness of transactions involving alleged non-genuine purchases. The Court found that the Respondent had provided adequate evidence, including books of accounts and bank statements, to support the legitimacy of the transactions. The Court also noted procedural irregularities by the Assessing Officer and rejected the argument that evidence from the Sales Tax Department conclusively proved the purchases were bogus. The appeal was dismissed, and no costs were awarded. en-us Mon, 09 Jan 2023 00:00:00 +0530 Wed, 16 Aug 2023 12:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=432746 The High Court upheld the Tribunal's decision in a tax appeal case where the Respondent, a civil contractor, successfully proved the genuineness of transactions involving alleged non-genuine purchases. The Court found that the Respondent had provided adequate evidence, including books of accounts and bank statements, to support the legitimacy of the transactions. The Court also noted procedural irregularities by the Assessing Officer and rejected the argument that evidence from the Sales Tax Department conclusively proved the purchases were bogus. The appeal was dismissed, and no costs were awarded. Case-Laws Income Tax Mon, 09 Jan 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=432746