https://www.taxtmi.com/caselaws?id=780012 HC upheld concurrent findings of CIT(A) and ITAT that the assessee discharged the onus of proving genuineness of purchases and accepted VAT auditor certificate for a portion of transactions, reducing alleged bogus purchases. Both authorities properly restricted additions to 15% of the hawala/purported bogus purchases, applying gross profit to the adjusted amount. Court found no substantial question of law and declined to interfere with the factual conclusions and the limited addition confirmed by the lower authorities. en-us Mon, 13 Oct 2025 00:00:00 +0530 Mon, 08 Jun 2026 11:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=780012 HC upheld concurrent findings of CIT(A) and ITAT that the assessee discharged the onus of proving genuineness of purchases and accepted VAT auditor certificate for a portion of transactions, reducing alleged bogus purchases. Both authorities properly restricted additions to 15% of the hawala/purported bogus purchases, applying gross profit to the adjusted amount. Court found no substantial question of law and declined to interfere with the factual conclusions and the limited addition confirmed by the lower authorities. Case-Laws Income Tax Mon, 13 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=780012