2016 (7) TMI 1304

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Full Text of the Document

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....sment year 2010-2011. 2. In this appeal the assessee is aggrieved for addition made by the AO disallowing purchase of Rs. 20,17,416/- treating the same as bogus purchases. 3. Rival contentions have been heard and record perused. Facts in brief are that assessee is in the business of construction. On the information of sales tax authorities the AO disallowed purchases of Rs. 20,17,416/- by observ....