https://www.taxtmi.com/caselaws?id=461762 Bogus purchase additions were sustained because the assessee failed to prove the genuineness of the supplier transactions through confirmations and supporting evidence. Summons under section 131 were not served on three parties, the proprietor of the fourth denied any dealing, and there were mismatches in return details as well as no ledger copy for one supplier. The Tribunal held that the documentary trail was insufficient and that acceptance of sales did not, by itself, establish that the purchases were genuine, so the addition was upheld. en-us Thu, 21 Sep 2023 00:00:00 +0530 Fri, 25 Apr 2025 18:56:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=461762 Bogus purchase additions were sustained because the assessee failed to prove the genuineness of the supplier transactions through confirmations and supporting evidence. Summons under section 131 were not served on three parties, the proprietor of the fourth denied any dealing, and there were mismatches in return details as well as no ledger copy for one supplier. The Tribunal held that the documentary trail was insufficient and that acceptance of sales did not, by itself, establish that the purchases were genuine, so the addition was upheld. Case-Laws Income Tax Thu, 21 Sep 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=461762