https://www.taxtmi.com/caselaws?id=785716 Estimation of income from alleged bogus purchases was challenged where the assessing officer discarded the assessee's supporting documents without reasons and relied on uncommunicated information from an investigation wing; such reliance and failure to confront the assessee rendered the addition under unexplained investments arbitrary, and GST cancellation occurring after the relevant year did not prove that the supplier was struck off in the relevant year. Consequently the appellate restriction of the addition to gross profit at 8.87% was upheld and the revenue appeal dismissed. en-us Wed, 07 Jan 2026 00:00:00 +0530 Fri, 30 Jan 2026 09:22:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=785716 Estimation of income from alleged bogus purchases was challenged where the assessing officer discarded the assessee's supporting documents without reasons and relied on uncommunicated information from an investigation wing; such reliance and failure to confront the assessee rendered the addition under unexplained investments arbitrary, and GST cancellation occurring after the relevant year did not prove that the supplier was struck off in the relevant year. Consequently the appellate restriction of the addition to gross profit at 8.87% was upheld and the revenue appeal dismissed. Case-Laws Income Tax Wed, 07 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=785716