https://www.taxtmi.com/caselaws?id=472488 Residual disallowance of purchases as bogus under Section 37(1) was unwarranted where invoices, lorry receipts, e-way bills, material receipt notes and bank-payment records supported the transactions. E-way bills and transport records evidenced movement and delivery of goods to the project site. Rough seized notings concerning estimated site expenses and an unrelated third party's statement did not displace the contemporaneous documentary evidence. As the purchases had been accepted as genuine for the full amount, the residual disallowance was deleted. en-us Fri, 27 Mar 2026 00:00:00 +0530 Wed, 14 Oct 2026 06:16:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=472488 Residual disallowance of purchases as bogus under Section 37(1) was unwarranted where invoices, lorry receipts, e-way bills, material receipt notes and bank-payment records supported the transactions. E-way bills and transport records evidenced movement and delivery of goods to the project site. Rough seized notings concerning estimated site expenses and an unrelated third party's statement did not displace the contemporaneous documentary evidence. As the purchases had been accepted as genuine for the full amount, the residual disallowance was deleted. Case-Laws Income Tax Fri, 27 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=472488