https://www.taxtmi.com/caselaws?id=463423 ITAT held that the assessee failed to discharge the primary onus regarding alleged bogus purchases, but the AO had not adequately investigated the evidence and could not reasonably compel attendance of all parties after several years. The tribunal directed retention of an estimated addition equal to 12.5% of impugned purchases from 16 parties, while allowing deduction for the gross profit already declared in the books. The assessee's ground was therefore partly allowed. en-us Wed, 28 May 2025 00:00:00 +0530 Mon, 01 Sep 2025 11:28:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=463423 ITAT held that the assessee failed to discharge the primary onus regarding alleged bogus purchases, but the AO had not adequately investigated the evidence and could not reasonably compel attendance of all parties after several years. The tribunal directed retention of an estimated addition equal to 12.5% of impugned purchases from 16 parties, while allowing deduction for the gross profit already declared in the books. The assessee's ground was therefore partly allowed. Case-Laws Income Tax Wed, 28 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=463423