https://www.taxtmi.com/highlights?id=79931 The High Court upheld the Income Tax Appellate Tribunal's decision to restrict the disallowance of bogus purchases to 6%, considering the facts and figures analyzed by the Tribunal. The court found no reason to interfere with the Tribunal's conclusion, which was based on the material before it, and deemed the 6% disallowance appropriate. en-us Wed, 31 Jul 2024 08:36:59 +0530 Wed, 31 Jul 2024 08:36:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=79931 The High Court upheld the Income Tax Appellate Tribunal's decision to restrict the disallowance of bogus purchases to 6%, considering the facts and figures analyzed by the Tribunal. The court found no reason to interfere with the Tribunal's conclusion, which was based on the material before it, and deemed the 6% disallowance appropriate. Highlights Income Tax Wed, 31 Jul 2024 08:36:59 +0530 https://www.taxtmi.com/highlights?id=79931