https://www.taxtmi.com/caselaws?id=785227 Reopening of assessment premised on alleged bogus purchases and unexplained expenditure was critiqued for reliance on loose papers, Tally data and third-party statements without independent corroboration; the assessing officer bore the onus to verify suppliers and authenticate records, and failure to do so defeated the additions, which were deleted. Reliance on uncorroborated electronic data and a witness statement without affording opportunity for cross-examination constituted breach of principles of natural justice, undermining the probative value of the evidence and precluding taxation on the estimated profit element. en-us Tue, 13 Jan 2026 00:00:00 +0530 Tue, 20 Jan 2026 06:31:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=785227 Reopening of assessment premised on alleged bogus purchases and unexplained expenditure was critiqued for reliance on loose papers, Tally data and third-party statements without independent corroboration; the assessing officer bore the onus to verify suppliers and authenticate records, and failure to do so defeated the additions, which were deleted. Reliance on uncorroborated electronic data and a witness statement without affording opportunity for cross-examination constituted breach of principles of natural justice, undermining the probative value of the evidence and precluding taxation on the estimated profit element. Case-Laws Income Tax Tue, 13 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=785227