Assessment reopened for bogus purchases, but no valid reason found. No addition can be made without proper explanation. Appeal allowed.

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....The Appellate Tribunal held that the assessment u/s 147 was invalid as no addition was made for the issue recorded in the reasons u/s 148(2). The AO's addition u/s 69C for bogus purchases was deemed wrong as the assessee had disclosed total purchases with explained sources. The Tribunal quashed the assessment u/s 143(3) u/s 147 as without jurisdiction. The appeal of the assessee was allowed.....