https://www.taxtmi.com/caselaws?id=789281 Reopening of assessment based on Investigation Wing information was upheld where the assessee failed to establish the genuineness of alleged accommodation entries and bogus purchases. The High Court treated the Tribunal's findings on bogus purchases and the addition restricted to a percentage of the disputed purchases as factual determinations not giving rise to any substantial question of law. The Supreme Court found a gross delay of 750 days in filing the Special Leave Petition, with no satisfactory explanation, and also saw no reason to interfere on merits. The Special Leave Petition was dismissed on delay as well as merits. en-us Thu, 02 Apr 2026 00:00:00 +0530 Mon, 06 Apr 2026 08:51:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=789281 Reopening of assessment based on Investigation Wing information was upheld where the assessee failed to establish the genuineness of alleged accommodation entries and bogus purchases. The High Court treated the Tribunal's findings on bogus purchases and the addition restricted to a percentage of the disputed purchases as factual determinations not giving rise to any substantial question of law. The Supreme Court found a gross delay of 750 days in filing the Special Leave Petition, with no satisfactory explanation, and also saw no reason to interfere on merits. The Special Leave Petition was dismissed on delay as well as merits. Case-Laws Income Tax Thu, 02 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=789281