https://www.taxtmi.com/caselaws?id=467913 An addition for alleged bogus purchases was held unsustainable where the assessee produced purchase bills, delivery challans and reconciliation of purchases with sales, and explained that goods were delivered directly to its godown. The accepted VAT sales turnover supported the assessee's explanation, while the Assessing Officer made no effective independent enquiry and identified no specific defect in the documents. The tribunal held that unverified third-party information alone cannot justify a disallowance when the assessee has discharged the evidentiary burden with supporting material. The purchase-related addition was therefore deleted in favour of the assessee. en-us Fri, 14 Feb 2025 00:00:00 +0530 Wed, 08 Apr 2026 20:27:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=467913 An addition for alleged bogus purchases was held unsustainable where the assessee produced purchase bills, delivery challans and reconciliation of purchases with sales, and explained that goods were delivered directly to its godown. The accepted VAT sales turnover supported the assessee's explanation, while the Assessing Officer made no effective independent enquiry and identified no specific defect in the documents. The tribunal held that unverified third-party information alone cannot justify a disallowance when the assessee has discharged the evidentiary burden with supporting material. The purchase-related addition was therefore deleted in favour of the assessee. Case-Laws Income Tax Fri, 14 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=467913