https://www.taxtmi.com/caselaws?id=472599 Alleged bogus purchases and unrecorded sales receipts require fresh verification where the taxpayer seeks to substantiate reconciliations and supporting material. The admitted bogus input-tax-credit claim does not remove the need to examine explanations concerning purchases, sales receipts, and documents placed on record. Fresh consideration by the Assessing Officer is required after providing a reasonable opportunity of hearing, so that the reconciliation and supporting evidence can be properly evaluated. en-us Tue, 22 Apr 2025 00:00:00 +0530 Fri, 16 Oct 2026 18:43:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=472599 Alleged bogus purchases and unrecorded sales receipts require fresh verification where the taxpayer seeks to substantiate reconciliations and supporting material. The admitted bogus input-tax-credit claim does not remove the need to examine explanations concerning purchases, sales receipts, and documents placed on record. Fresh consideration by the Assessing Officer is required after providing a reasonable opportunity of hearing, so that the reconciliation and supporting evidence can be properly evaluated. Case-Laws Income Tax Tue, 22 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=472599