https://www.taxtmi.com/caselaws?id=750617 ITAT Delhi ruled in favor of the assessee regarding alleged bogus purchases of pulses. The assessee successfully discharged its burden of proof by providing necessary documentation, maintaining proper stock registers, and making payments through account payee cheques from disclosed sources. The tribunal noted that corresponding sales were not disputed by revenue, and questioned how the same supplier could be genuine for some transactions but not others from the same period. CIT(A)'s deletion of additions was upheld. en-us Wed, 21 Feb 2024 00:00:00 +0530 Mon, 03 Mar 2025 16:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=750617 ITAT Delhi ruled in favor of the assessee regarding alleged bogus purchases of pulses. The assessee successfully discharged its burden of proof by providing necessary documentation, maintaining proper stock registers, and making payments through account payee cheques from disclosed sources. The tribunal noted that corresponding sales were not disputed by revenue, and questioned how the same supplier could be genuine for some transactions but not others from the same period. CIT(A)'s deletion of additions was upheld. Case-Laws Income Tax Wed, 21 Feb 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=750617