https://www.taxtmi.com/caselaws?id=465236 ITAT dismissed the assessee's appeal and upheld the order of CIT(A) restricting addition on alleged bogus purchases to 12.5% under s.69C r/w s.115BBE. The Tribunal noted that the assessee failed to conclusively establish the identity of suppliers and genuineness of purchases and labour charges, which were supported only by self-serving documents, despite adequate opportunities and detailed investigation by AO, including virtual hearings. GST compliance documents, ITC details and TDS evidence were held insufficient to prove actual delivery of goods and services. No infirmity was found in the estimation made by CIT(A). en-us Tue, 10 Dec 2024 00:00:00 +0530 Wed, 10 Dec 2025 11:03:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=465236 ITAT dismissed the assessee's appeal and upheld the order of CIT(A) restricting addition on alleged bogus purchases to 12.5% under s.69C r/w s.115BBE. The Tribunal noted that the assessee failed to conclusively establish the identity of suppliers and genuineness of purchases and labour charges, which were supported only by self-serving documents, despite adequate opportunities and detailed investigation by AO, including virtual hearings. GST compliance documents, ITC details and TDS evidence were held insufficient to prove actual delivery of goods and services. No infirmity was found in the estimation made by CIT(A). Case-Laws Income Tax Tue, 10 Dec 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=465236