https://www.taxtmi.com/caselaws?id=458229 The Tribunal partially allowed the appeal, reducing the disallowance to 7.5% of the alleged bogus purchases, emphasizing substantial justice and the lack of independent verification by the assessing officer. The 1255-day delay in filing the appeal was condoned due to reasonable explanations, including health issues and Covid-19 impacts. The Tribunal highlighted adherence to natural justice principles, ensuring technicalities did not overshadow substantial justice. en-us Wed, 03 Jan 2024 00:00:00 +0530 Wed, 16 Oct 2024 20:43:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=458229 The Tribunal partially allowed the appeal, reducing the disallowance to 7.5% of the alleged bogus purchases, emphasizing substantial justice and the lack of independent verification by the assessing officer. The 1255-day delay in filing the appeal was condoned due to reasonable explanations, including health issues and Covid-19 impacts. The Tribunal highlighted adherence to natural justice principles, ensuring technicalities did not overshadow substantial justice. Case-Laws Income Tax Wed, 03 Jan 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=458229