https://www.taxtmi.com/caselaws?id=793113 Where alleged bogus purchases are supported by invoices, bank records, stock registers and delivery challans, and the sales are not disputed, the entire purchase value should not be disallowed merely on general Sales Tax information or non-production of suppliers. If the books are not rejected and no specific defect or case-specific enquiry discredits the documentation, the tax addition is confined to the profit element, if any, embedded in the disputed purchases. The Tribunal therefore treated the issue as one of differential gross profit on the purchases rather than full disallowance. en-us Mon, 01 Jun 2026 00:00:00 +0530 Tue, 09 Jun 2026 07:50:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=793113 Where alleged bogus purchases are supported by invoices, bank records, stock registers and delivery challans, and the sales are not disputed, the entire purchase value should not be disallowed merely on general Sales Tax information or non-production of suppliers. If the books are not rejected and no specific defect or case-specific enquiry discredits the documentation, the tax addition is confined to the profit element, if any, embedded in the disputed purchases. The Tribunal therefore treated the issue as one of differential gross profit on the purchases rather than full disallowance. Case-Laws Income Tax Mon, 01 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=793113