https://www.taxtmi.com/caselaws?id=778021 ITAT, Surat - AT remanded the assessment under s.69C relating to alleged bogus purchases and GST-credit transactions to the AO for fresh verification and adjudication. The tribunal found the assessee paid GST, interest and penalty but failed to produce stock registers and delivery evidence to prove actual receipt and movement of yarn; reliance on a spouse's decision was inadequate. Vardhaman Exports was held inapplicable due to doubt over genuine purchases. Appeal was partly allowed for statistical purposes. en-us Fri, 29 Aug 2025 00:00:00 +0530 Tue, 09 Sep 2025 08:38:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=778021 ITAT, Surat - AT remanded the assessment under s.69C relating to alleged bogus purchases and GST-credit transactions to the AO for fresh verification and adjudication. The tribunal found the assessee paid GST, interest and penalty but failed to produce stock registers and delivery evidence to prove actual receipt and movement of yarn; reliance on a spouse's decision was inadequate. Vardhaman Exports was held inapplicable due to doubt over genuine purchases. Appeal was partly allowed for statistical purposes. Case-Laws Income Tax Fri, 29 Aug 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=778021