https://www.taxtmi.com/caselaws?id=785163 Addition under provisions relating to unexplained investments and income was contested on grounds that purchases were recorded in regular books and supported by GST invoices, e-way bills, transport documents and subsequent recorded sales; the assessing officer did not undertake comparative documentary analysis or independent verification and based the assessment on presumptions. The tribunal held that absence of cogent analysis by revenue and presence of documentary evidence and payment records defeated a finding of bogus purchases, and therefore deletion of the addition was sustained, resulting in decision for the taxpayer against revenue. en-us Tue, 13 Jan 2026 00:00:00 +0530 Mon, 19 Jan 2026 07:36:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=785163 Addition under provisions relating to unexplained investments and income was contested on grounds that purchases were recorded in regular books and supported by GST invoices, e-way bills, transport documents and subsequent recorded sales; the assessing officer did not undertake comparative documentary analysis or independent verification and based the assessment on presumptions. The tribunal held that absence of cogent analysis by revenue and presence of documentary evidence and payment records defeated a finding of bogus purchases, and therefore deletion of the addition was sustained, resulting in decision for the taxpayer against revenue. Case-Laws Income Tax Tue, 13 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=785163