https://www.taxtmi.com/caselaws?id=792580 An addition for alleged bogus purchases as unexplained expenditure under section 69C is not sustainable where the assessee substantiates the purchases with tax invoices, e-way bills, declarations, bank statements and other supporting documents, and the sales and closing stock are not disputed. The assessee's evidence was held sufficient to discharge the onus regarding the purchases and movement of goods. A mere allegation of GST irregularities in the supplier's case, or a claim of grey market sourcing, did not justify the disallowance. The addition was therefore deleted in favour of the assessee. en-us Wed, 27 May 2026 00:00:00 +0530 Sat, 30 May 2026 08:29:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=792580 An addition for alleged bogus purchases as unexplained expenditure under section 69C is not sustainable where the assessee substantiates the purchases with tax invoices, e-way bills, declarations, bank statements and other supporting documents, and the sales and closing stock are not disputed. The assessee's evidence was held sufficient to discharge the onus regarding the purchases and movement of goods. A mere allegation of GST irregularities in the supplier's case, or a claim of grey market sourcing, did not justify the disallowance. The addition was therefore deleted in favour of the assessee. Case-Laws Income Tax Wed, 27 May 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=792580