Court Rules Assessee Not Required to Prove Negative Onus in NSEL Dispute; No Evidence of Sham Transactions Found.

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....Rejection of books of accounts - There cannot be negative onus on assessee to prove it has not made purchases from NSEL in dispute. No evidence of any sham purchases/transactions have been brought on record. No evidence of any purchase made by assessee from NSEL have been brought on record. - AT....