https://www.taxtmi.com/caselaws?id=789563 Accommodation entries and bogus purchases may be examined under section 69C on the basis of search material, statement evidence and surrounding circumstances; rejection of books under section 145(3) is not a mandatory precondition. At the same time, purchase registers, ledgers, audited books and bank statements, by themselves, do not conclusively prove genuineness. As the appellate order had not been examined on the correct factual and legal footing, the deletion of the addition was set aside and the matter was remanded to the CIT(A) for fresh adjudication after hearing the assessee. en-us Thu, 05 Mar 2026 00:00:00 +0530 Thu, 09 Apr 2026 11:32:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=789563 Accommodation entries and bogus purchases may be examined under section 69C on the basis of search material, statement evidence and surrounding circumstances; rejection of books under section 145(3) is not a mandatory precondition. At the same time, purchase registers, ledgers, audited books and bank statements, by themselves, do not conclusively prove genuineness. As the appellate order had not been examined on the correct factual and legal footing, the deletion of the addition was set aside and the matter was remanded to the CIT(A) for fresh adjudication after hearing the assessee. Case-Laws Income Tax Thu, 05 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=789563