https://www.taxtmi.com/caselaws?id=782984 Difference in purchase figures attributable to input VAT, credit notes and supplier scheme benefits was found to be explained by the reconciliation already placed before the tax authorities. As the disputed amount represented purchase-side benefits such as timely payment schemes and credit notes that reduced the effective purchase cost, the addition sustained on that basis was deleted in favour of the assessee. en-us Thu, 21 Aug 2025 00:00:00 +0530 Mon, 08 Dec 2025 08:31:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=782984 Difference in purchase figures attributable to input VAT, credit notes and supplier scheme benefits was found to be explained by the reconciliation already placed before the tax authorities. As the disputed amount represented purchase-side benefits such as timely payment schemes and credit notes that reduced the effective purchase cost, the addition sustained on that basis was deleted in favour of the assessee. Case-Laws Income Tax Thu, 21 Aug 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=782984