https://www.taxtmi.com/caselaws?id=780217 ITAT held that the assessing officer's addition under s.69A, based on alleged bogus purchases, was unsustainable. The AO relied on invalid e-way bills and unspecified information without recording its source or confronting the taxpayer, issuing summons, or seeking details from the supplier. Absent enquiries or corroborative evidence, the addition rested on conjecture and was deleted. The appeal was allowed, without resolving whether accepted sales necessitate corresponding purchase disallowance. 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=780217 ITAT held that the assessing officer's addition under s.69A, based on alleged bogus purchases, was unsustainable. The AO relied on invalid e-way bills and unspecified information without recording its source or confronting the taxpayer, issuing summons, or seeking details from the supplier. Absent enquiries or corroborative evidence, the addition rested on conjecture and was deleted. The appeal was allowed, without resolving whether accepted sales necessitate corresponding purchase disallowance. Case-Laws Income Tax Wed, 22 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=780217