https://www.taxtmi.com/caselaws?id=782444 SC upheld the HC's decision sustaining additions on account of bogus purchases where the assessee failed to appear in reassessment proceedings or discharge the onus of proving the genuineness of purchase transactions. The Court, after hearing the petitioner's counsel and examining the record, found no ground to interfere with the HC's estimation of income and treatment of the disputed purchases. Consequently, the Special Leave Petition was dismissed, affirming the reassessment order and the additions made to the assessee's income. en-us Fri, 21 Nov 2025 00:00:00 +0530 Fri, 10 Jul 2026 10:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=782444 SC upheld the HC's decision sustaining additions on account of bogus purchases where the assessee failed to appear in reassessment proceedings or discharge the onus of proving the genuineness of purchase transactions. The Court, after hearing the petitioner's counsel and examining the record, found no ground to interfere with the HC's estimation of income and treatment of the disputed purchases. Consequently, the Special Leave Petition was dismissed, affirming the reassessment order and the additions made to the assessee's income. Case-Laws Income Tax Fri, 21 Nov 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=782444