https://www.taxtmi.com/caselaws?id=768421 Bogus purchases were disputed and the Tribunal assessed disallowance at 6% of purchases; the High Court affirmed that figure as consistent with earlier decisions involving the same vendor group, holding that no substantial question of law arises and dismissing the revenue appeals. The Court relied on prior High Court decisions upholding the Tribunal's 6% benchmark and refused to interfere with concurrent factual findings and the quantitative addition; consequence: the 6% disallowance stands and appeals are summarily dismissed. en-us Mon, 24 Mar 2025 00:00:00 +0530 Sat, 07 Feb 2026 10:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=768421 Bogus purchases were disputed and the Tribunal assessed disallowance at 6% of purchases; the High Court affirmed that figure as consistent with earlier decisions involving the same vendor group, holding that no substantial question of law arises and dismissing the revenue appeals. The Court relied on prior High Court decisions upholding the Tribunal's 6% benchmark and refused to interfere with concurrent factual findings and the quantitative addition; consequence: the 6% disallowance stands and appeals are summarily dismissed. Case-Laws Income Tax Mon, 24 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=768421