https://www.taxtmi.com/highlights?id=105212 Reassessment initiated on Insight portal and Investigation Wing information remained valid where the first appellate authority had rejected the objection and no infirmity was found in that determination. For purchases recorded through fictitious invoices, where materials were procured from another source, only the inflated profit component may be disallowed rather than the full purchase value. An estimated addition of 25% of the impugned purchases was sustained, and the appeal failed. en-us Wed, 21 Oct 2026 08:37:56 +0530 Wed, 21 Oct 2026 08:37:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=105212 Reassessment initiated on Insight portal and Investigation Wing information remained valid where the first appellate authority had rejected the objection and no infirmity was found in that determination. For purchases recorded through fictitious invoices, where materials were procured from another source, only the inflated profit component may be disallowed rather than the full purchase value. An estimated addition of 25% of the impugned purchases was sustained, and the appeal failed. Highlights Income Tax Wed, 21 Oct 2026 08:37:56 +0530 https://www.taxtmi.com/highlights?id=105212