https://www.taxtmi.com/caselaws?id=471928 Alleged non-genuine purchases cannot be treated as unexplained expenditure solely because suppliers fail to respond to verification notices or have cancelled or suspended GST registrations. Where books of account are not rejected, sales are accepted, and no defect appears in the quantitative tally or trading account, supplier non-compliance beyond the taxpayer's control does not displace purchase evidence. Banking-channel payments further support the recorded transactions. Consequently, an addition for alleged non-genuine purchases under the unexplained-expenditure provisions, with consequential higher-rate taxation, is unsustainable on these facts. en-us Thu, 16 Oct 2025 00:00:00 +0530 Wed, 23 Sep 2026 21:34:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=471928 Alleged non-genuine purchases cannot be treated as unexplained expenditure solely because suppliers fail to respond to verification notices or have cancelled or suspended GST registrations. Where books of account are not rejected, sales are accepted, and no defect appears in the quantitative tally or trading account, supplier non-compliance beyond the taxpayer's control does not displace purchase evidence. Banking-channel payments further support the recorded transactions. Consequently, an addition for alleged non-genuine purchases under the unexplained-expenditure provisions, with consequential higher-rate taxation, is unsustainable on these facts. Case-Laws Income Tax Thu, 16 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=471928