https://www.taxtmi.com/caselaws?id=789705 Primary evidence supported the assessee's purchases, including invoices, banking records, loan documents, insurance papers, work orders and completion certificates, while the revenue relied only on third-party information. The assessee also showed that the assets were used in business and that the related sales or project execution were not disputed. In these circumstances, and where no independent verification was made from suppliers or recipient authorities and no defect was identified in the documents produced, the purchases could not be treated as bogus. The consequential invocation of section 115BBE was therefore not sustainable, and the additions were deleted. en-us Fri, 10 Apr 2026 00:00:00 +0530 Sat, 11 Apr 2026 13:19:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=789705 Primary evidence supported the assessee's purchases, including invoices, banking records, loan documents, insurance papers, work orders and completion certificates, while the revenue relied only on third-party information. The assessee also showed that the assets were used in business and that the related sales or project execution were not disputed. In these circumstances, and where no independent verification was made from suppliers or recipient authorities and no defect was identified in the documents produced, the purchases could not be treated as bogus. The consequential invocation of section 115BBE was therefore not sustainable, and the additions were deleted. Case-Laws Income Tax Fri, 10 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=789705