https://www.taxtmi.com/caselaws?id=787372 Alleged bogus purchase additions cannot be reduced mechanically to 8% merely by following an earlier year's order when later binding precedent may require a different approach. The appellate authority's percentage-based estimate was set aside because it relied on the prior Tribunal decision without independently reconsidering the issue in light of subsequent judicial developments and the relevant year's facts. The matter was restored for fresh adjudication in accordance with law after giving the assessee an opportunity of hearing. en-us Fri, 27 Feb 2026 00:00:00 +0530 Tue, 03 Mar 2026 08:42:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=787372 Alleged bogus purchase additions cannot be reduced mechanically to 8% merely by following an earlier year's order when later binding precedent may require a different approach. The appellate authority's percentage-based estimate was set aside because it relied on the prior Tribunal decision without independently reconsidering the issue in light of subsequent judicial developments and the relevant year's facts. The matter was restored for fresh adjudication in accordance with law after giving the assessee an opportunity of hearing. Case-Laws Income Tax Fri, 27 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=787372