https://www.taxtmi.com/caselaws?id=780219 ITAT DELHI - AT held that additions for alleged bogus purchases must be deleted and the assessee's appeal allowed because the assessee produced purchase invoices, transportation records and stock registers, and sales corresponding to those purchases were undisputed. The revenue failed to prove the supplier was non-existent, and the supplier had claimed significant input tax credit, undermining the department's case. Consequently, the reassessment under section 148 did not sustain the addition. en-us Wed, 22 Oct 2025 00:00:00 +0530 Sat, 25 Oct 2025 09:00:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=780219 ITAT DELHI - AT held that additions for alleged bogus purchases must be deleted and the assessee's appeal allowed because the assessee produced purchase invoices, transportation records and stock registers, and sales corresponding to those purchases were undisputed. The revenue failed to prove the supplier was non-existent, and the supplier had claimed significant input tax credit, undermining the department's case. Consequently, the reassessment under section 148 did not sustain the addition. Case-Laws Income Tax Wed, 22 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=780219