https://www.taxtmi.com/caselaws?id=789496 In the absence of defects in the books of account, rejection of accounts, or tangible material showing bogus or unexplained expenditure, an ad hoc disallowance of purchases under section 69C cannot be sustained. The purchases were supported by books, stock records, bank statements, import documents and supplier ledgers, and no quantitative discrepancy or adverse sales finding was shown. The TDS-related addition was linked to a revised Form 26AS and revised TDS returns, so verification of the updated record was directed, with deletion to follow if the assessee's explanation was confirmed. en-us Tue, 07 Apr 2026 00:00:00 +0530 Thu, 09 Apr 2026 08:09:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=789496 In the absence of defects in the books of account, rejection of accounts, or tangible material showing bogus or unexplained expenditure, an ad hoc disallowance of purchases under section 69C cannot be sustained. The purchases were supported by books, stock records, bank statements, import documents and supplier ledgers, and no quantitative discrepancy or adverse sales finding was shown. The TDS-related addition was linked to a revised Form 26AS and revised TDS returns, so verification of the updated record was directed, with deletion to follow if the assessee's explanation was confirmed. Case-Laws Income Tax Tue, 07 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=789496