https://www.taxtmi.com/caselaws?id=788026 Issue of genuineness: taxpayer failed to discharge the primary onus to establish identity, creditworthiness and genuineness of suppliers; suppliers were untraceable despite enquiries and documentary indicia were insufficient, therefore impugned purchases of Rs. 1,35,66,404 were treated as unproved and added to income, and that addition is affirmed. Issue of ad hoc disallowances: deficiences in vouchers and verifiability justified a reasoned estimate, but the quantum was reduced on appeal and the ad hoc disallowance allowed only in a lower proportion in favour of the assessee. en-us Thu, 19 Feb 2026 00:00:00 +0530 Thu, 12 Mar 2026 17:27:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=788026 Issue of genuineness: taxpayer failed to discharge the primary onus to establish identity, creditworthiness and genuineness of suppliers; suppliers were untraceable despite enquiries and documentary indicia were insufficient, therefore impugned purchases of Rs. 1,35,66,404 were treated as unproved and added to income, and that addition is affirmed. Issue of ad hoc disallowances: deficiences in vouchers and verifiability justified a reasoned estimate, but the quantum was reduced on appeal and the ad hoc disallowance allowed only in a lower proportion in favour of the assessee. Case-Laws Income Tax Thu, 19 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=788026