https://www.taxtmi.com/caselaws?id=469937 Bogus purchase additions were sustained in full because the assessee failed to prove the genuineness of the purchases and the source of the expenditure. On that footing, estimation of only the profit element was held unsustainable, as the burden to establish the purchases had not been discharged. The first appellate authority's restriction of the additions was set aside, and the Assessing Officer's full addition was restored on the disputed purchases issue. en-us Tue, 11 Mar 2025 00:00:00 +0530 Thu, 09 Jul 2026 20:20:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=469937 Bogus purchase additions were sustained in full because the assessee failed to prove the genuineness of the purchases and the source of the expenditure. On that footing, estimation of only the profit element was held unsustainable, as the burden to establish the purchases had not been discharged. The first appellate authority's restriction of the additions was set aside, and the Assessing Officer's full addition was restored on the disputed purchases issue. Case-Laws Income Tax Tue, 11 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=469937