https://www.taxtmi.com/caselaws?id=789056 In appeals under Section 260A of the Income-tax Act, additions based on alleged bogus purchases will not ordinarily be interfered with where the Tribunal has evaluated the material and limited the addition to the profit element embedded in the purchases. The Bombay High Court treated the dispute as turning on settled factual findings, including information from the Sales Tax Department about alleged hawala entries, and accepted that the Tribunal's approach was covered by earlier decisions of the same Court. As no substantial question of law arose, the Revenue's challenge failed and the Tribunal's restriction of the addition to 10% was sustained. en-us Fri, 13 Mar 2026 00:00:00 +0530 Thu, 02 Apr 2026 08:50:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=789056 In appeals under Section 260A of the Income-tax Act, additions based on alleged bogus purchases will not ordinarily be interfered with where the Tribunal has evaluated the material and limited the addition to the profit element embedded in the purchases. The Bombay High Court treated the dispute as turning on settled factual findings, including information from the Sales Tax Department about alleged hawala entries, and accepted that the Tribunal's approach was covered by earlier decisions of the same Court. As no substantial question of law arose, the Revenue's challenge failed and the Tribunal's restriction of the addition to 10% was sustained. Case-Laws Income Tax Fri, 13 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=789056