https://www.taxtmi.com/caselaws?id=795419 Non-genuine purchase disallowance was sustained at 12.5% because invoices, delivery challans, GSTR-2A entries, ledger records and banking-channel payments did not prove physical delivery of goods. No input-output analysis or evidence established that the disputed purchases were consumed in production. The restricted disallowance was treated as a sustainable estimate of the profit element embedded in purchases lacking proof of actual movement and consumption. en-us Thu, 18 Jun 2026 00:00:00 +0530 Wed, 22 Jul 2026 08:48:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=795419 Non-genuine purchase disallowance was sustained at 12.5% because invoices, delivery challans, GSTR-2A entries, ledger records and banking-channel payments did not prove physical delivery of goods. No input-output analysis or evidence established that the disputed purchases were consumed in production. The restricted disallowance was treated as a sustainable estimate of the profit element embedded in purchases lacking proof of actual movement and consumption. Case-Laws Income Tax Thu, 18 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=795419