https://www.taxtmi.com/caselaws?id=767771 Depreciation, additional depreciation and the related VAT claim were disallowed where the purchases were treated as bogus and linked to a non-existent supplier. The assessee failed to establish the genuineness of the purchases beyond invoices, while the supplier was found absent at the stated address and GST enquiry showed its declared business did not match the alleged goods. On that record, the purchase claim lacked credibility and the adverse material was not rebutted, so the disallowance was upheld. en-us Wed, 19 Mar 2025 00:00:00 +0530 Tue, 25 Mar 2025 08:48:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=767771 Depreciation, additional depreciation and the related VAT claim were disallowed where the purchases were treated as bogus and linked to a non-existent supplier. The assessee failed to establish the genuineness of the purchases beyond invoices, while the supplier was found absent at the stated address and GST enquiry showed its declared business did not match the alleged goods. On that record, the purchase claim lacked credibility and the adverse material was not rebutted, so the disallowance was upheld. Case-Laws Income Tax Wed, 19 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=767771