https://www.taxtmi.com/caselaws?id=467653 Documentary evidence of purchases and corresponding sales, supported by bank statements and ledger entries, was treated as sufficient where the books were not shown to be defective. An addition for alleged bogus purchases under section 69C could not be sustained when the Assessing Officer relied on investigation material and third-party statements without independent enquiry or effective cross-examination. On those facts, the material was held inadequate to displace the assessee's evidence, and the deletion of the addition was upheld, with the Revenue's challenge failing. en-us Tue, 10 Feb 2026 00:00:00 +0530 Fri, 27 Mar 2026 19:52:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=467653 Documentary evidence of purchases and corresponding sales, supported by bank statements and ledger entries, was treated as sufficient where the books were not shown to be defective. An addition for alleged bogus purchases under section 69C could not be sustained when the Assessing Officer relied on investigation material and third-party statements without independent enquiry or effective cross-examination. On those facts, the material was held inadequate to displace the assessee's evidence, and the deletion of the addition was upheld, with the Revenue's challenge failing. Case-Laws Income Tax Tue, 10 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=467653