https://www.taxtmi.com/caselaws?id=784602 Whether an addition for alleged bogus purchases could be sustained when sales were not disputed was the dominant issue. The AO identified deficiencies in the assessee's purchase function and treated the purchases as lacking credibility, but did not point to any infirmity in the corresponding sales reported in the financial statements. On this basis, the CIT(A) held that only the excess of the estimated addition over the income already offered in the return was warranted as a just and fair estimation, rather than a full disallowance. The ITAT upheld this reasoning and dismissed the Revenue's appeal. en-us Tue, 23 Dec 2025 00:00:00 +0530 Thu, 08 Jan 2026 08:22:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=784602 Whether an addition for alleged bogus purchases could be sustained when sales were not disputed was the dominant issue. The AO identified deficiencies in the assessee's purchase function and treated the purchases as lacking credibility, but did not point to any infirmity in the corresponding sales reported in the financial statements. On this basis, the CIT(A) held that only the excess of the estimated addition over the income already offered in the return was warranted as a just and fair estimation, rather than a full disallowance. The ITAT upheld this reasoning and dismissed the Revenue's appeal. Case-Laws Income Tax Tue, 23 Dec 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=784602