https://www.taxtmi.com/caselaws?id=788021 The text addresses taxation of alleged unproved purchases and sundry credits, applying the principle that where purchases are not fully proved the revenue should not treat the entire purchase as income; instead a limited addition reflecting the profit element may be imposed after review of documentary audit trails and supplier verification. On the facts, the full addition was disallowed and limited to a 5% profit element of the disputed purchases, with the balance deleted. A separate challenge to the Assessing Officer's giving effect order was treated as infructuous and dismissed where no live controversy remained. en-us Fri, 23 Jan 2026 00:00:00 +0530 Mon, 16 Mar 2026 08:42:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=788021 The text addresses taxation of alleged unproved purchases and sundry credits, applying the principle that where purchases are not fully proved the revenue should not treat the entire purchase as income; instead a limited addition reflecting the profit element may be imposed after review of documentary audit trails and supplier verification. On the facts, the full addition was disallowed and limited to a 5% profit element of the disputed purchases, with the balance deleted. A separate challenge to the Assessing Officer's giving effect order was treated as infructuous and dismissed where no live controversy remained. Case-Laws Income Tax Fri, 23 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=788021