https://www.taxtmi.com/caselaws?id=781763 ITAT held that the assessee, a civil contractor, had discharged the initial onus to prove identity of suppliers and genuineness of purchases through proper books, material inward register, and payments/receipts by account payee cheques. No evidence was brought by the AO to show cash was received back or that purchases or corresponding sales were bogus, nor had any government agency reported discrepancies in contract execution. Relying on SC rulings that statements under survey have limited evidentiary value and suspicion cannot replace proof, ITAT held that the burden had shifted to, and was not discharged by, the department. The addition on account of alleged bogus purchases was directed to be deleted. en-us Fri, 04 Apr 2025 00:00:00 +0530 Mon, 06 Jul 2026 17:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=781763 ITAT held that the assessee, a civil contractor, had discharged the initial onus to prove identity of suppliers and genuineness of purchases through proper books, material inward register, and payments/receipts by account payee cheques. No evidence was brought by the AO to show cash was received back or that purchases or corresponding sales were bogus, nor had any government agency reported discrepancies in contract execution. Relying on SC rulings that statements under survey have limited evidentiary value and suspicion cannot replace proof, ITAT held that the burden had shifted to, and was not discharged by, the department. The addition on account of alleged bogus purchases was directed to be deleted. Case-Laws Income Tax Fri, 04 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=781763