https://www.taxtmi.com/highlights?id=76885 Estimation of income - bogus purchases - The Tribunal recognized the appellant's unique case, where only alleged bogus purchases of diamonds were evident. Referring to past assessments, the Tribunal deemed it reasonable to restrict the addition to 3% of the alleged bogus purchases, in line with previous decisions. en-us Thu, 25 Apr 2024 10:31:16 +0530 Thu, 25 Apr 2024 10:31:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=76885 Estimation of income - bogus purchases - The Tribunal recognized the appellant's unique case, where only alleged bogus purchases of diamonds were evident. Referring to past assessments, the Tribunal deemed it reasonable to restrict the addition to 3% of the alleged bogus purchases, in line with previous decisions. Highlights Income Tax Thu, 25 Apr 2024 10:31:16 +0530 https://www.taxtmi.com/highlights?id=76885