https://www.taxtmi.com/caselaws?id=772032 The ITAT Mumbai allowed the assessee's appeal and deleted the 25% addition made by the AO on alleged bogus purchases, which was confirmed by CIT(A). The tribunal found that the assessee had diligently participated in assessment and appellate proceedings. During remand proceedings directed by CIT(A), the vendor appeared and furnished documentary evidence confirming the transactions. Based on this evidence and the vendor's confirmation, the tribunal held that the 25% addition on total purchases from the vendor was unjustified and deleted it entirely. en-us Thu, 29 May 2025 00:00:00 +0530 Tue, 03 Jun 2025 08:50:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=772032 The ITAT Mumbai allowed the assessee's appeal and deleted the 25% addition made by the AO on alleged bogus purchases, which was confirmed by CIT(A). The tribunal found that the assessee had diligently participated in assessment and appellate proceedings. During remand proceedings directed by CIT(A), the vendor appeared and furnished documentary evidence confirming the transactions. Based on this evidence and the vendor's confirmation, the tribunal held that the 25% addition on total purchases from the vendor was unjustified and deleted it entirely. Case-Laws Income Tax Thu, 29 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=772032