https://www.taxtmi.com/caselaws?id=57005 The Tribunal vacated the addition of Rs. 1,08,510 on the ground of bogus purchases, as the evidence provided by the supplier was found credible, and the assessing officer's rejection was deemed unjustified. The Tribunal also overturned the disallowance of Rs. 1,500 on account of salary paid to an individual, ruling that the disallowance basis was incorrect. The appeal was allowed in part, with the additions and disallowances being vacated. en-us Thu, 29 Mar 2001 00:00:00 +0530 Tue, 07 Dec 2010 17:50:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=57005 The Tribunal vacated the addition of Rs. 1,08,510 on the ground of bogus purchases, as the evidence provided by the supplier was found credible, and the assessing officer's rejection was deemed unjustified. The Tribunal also overturned the disallowance of Rs. 1,500 on account of salary paid to an individual, ruling that the disallowance basis was incorrect. The appeal was allowed in part, with the additions and disallowances being vacated. Case-Laws Income Tax Thu, 29 Mar 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=57005