https://www.taxtmi.com/caselaws?id=783428 ITAT Ahmedabad dismissed the Revenue's appeal and upheld the order of CIT(A) deleting the addition made u/s 69C on alleged bogus purchases/accommodation entries. The Tribunal held that the AO relied solely on generic Investigation Wing information and uncorroborated third-party materials (loose sheets, unsigned digital data) without producing primary evidence of any actual transaction involving the assessee, nor permitting cross-examination of third parties. The assessee had produced bank statements, GST returns, purchase/sales registers, ledgers and reconciliations, which were not disproved by the AO. Additions based on conjectures and presumptions were found unsustainable in law, and the reassessment failed. en-us Thu, 11 Dec 2025 00:00:00 +0530 Tue, 16 Dec 2025 08:19:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=783428 ITAT Ahmedabad dismissed the Revenue's appeal and upheld the order of CIT(A) deleting the addition made u/s 69C on alleged bogus purchases/accommodation entries. The Tribunal held that the AO relied solely on generic Investigation Wing information and uncorroborated third-party materials (loose sheets, unsigned digital data) without producing primary evidence of any actual transaction involving the assessee, nor permitting cross-examination of third parties. The assessee had produced bank statements, GST returns, purchase/sales registers, ledgers and reconciliations, which were not disproved by the AO. Additions based on conjectures and presumptions were found unsustainable in law, and the reassessment failed. Case-Laws Income Tax Thu, 11 Dec 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=783428