https://www.taxtmi.com/caselaws?id=759506 Estimation of income addressed taxation adjustments for fabricated purchases treated as bogus transactions routed through paper concerns providing accommodation entries; the appellate tribunal applied a percentage addition method and reduced disallowance from 12.5% to 6% after analysing material and figures, and that fact based conclusion was affirmed on judicial review as supported by evidence. The court held no jurisdictional or substantial question of law arose warranting interference, and therefore the reduced 6% addition for bogus purchases stands confirmed. en-us Fri, 20 Sep 2024 00:00:00 +0530 Tue, 10 Feb 2026 11:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=759506 Estimation of income addressed taxation adjustments for fabricated purchases treated as bogus transactions routed through paper concerns providing accommodation entries; the appellate tribunal applied a percentage addition method and reduced disallowance from 12.5% to 6% after analysing material and figures, and that fact based conclusion was affirmed on judicial review as supported by evidence. The court held no jurisdictional or substantial question of law arose warranting interference, and therefore the reduced 6% addition for bogus purchases stands confirmed. Case-Laws Income Tax Fri, 20 Sep 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=759506