https://www.taxtmi.com/caselaws?id=61036 The Tribunal directed the Assessing Officer to recompute the addition based on the average purchase price for the entire year and the price paid to M/s Raj Kumar Raghubir Kumar. The Tribunal upheld the addition of Rs. 1,45,600 for 1300 qtls. of rice bran transported by vehicles with bogus registration numbers, which did not reach the assessee's premises. The disallowance of telephone and car expenses was not pressed by the assessee during the hearing before the Tribunal and was dismissed. The Judicial Member upheld the addition of Rs. 17,25,300 on account of bogus purchases, while the Accountant Member partially allowed the appeal, directing a re-computation of the additions. en-us Tue, 29 Sep 1998 00:00:00 +0530 Mon, 10 Jan 2011 14:40:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=61036 The Tribunal directed the Assessing Officer to recompute the addition based on the average purchase price for the entire year and the price paid to M/s Raj Kumar Raghubir Kumar. The Tribunal upheld the addition of Rs. 1,45,600 for 1300 qtls. of rice bran transported by vehicles with bogus registration numbers, which did not reach the assessee's premises. The disallowance of telephone and car expenses was not pressed by the assessee during the hearing before the Tribunal and was dismissed. The Judicial Member upheld the addition of Rs. 17,25,300 on account of bogus purchases, while the Accountant Member partially allowed the appeal, directing a re-computation of the additions. Case-Laws Income Tax Tue, 29 Sep 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=61036