ITAT Upholds Deletion of Bogus Purchase Additions Lacking Search Evidence:

ITAT ruled purchases cannot be disallowed without incriminating search evidence when sales and books remain accepted.
Accepted sales and GST records defeated unsupported bogus purchase disallowances

Premium
ITAT Upholds Deletion of Bogus Purchase Additions Lacking Search Evidence
ITAT ruled purchases cannot be disallowed without incriminating search evidence when sales and books remain accepted.
Also Read
Rs 39.72 Lakh Tax Addition: ITAT Gives NRI Taxpayer Fresh Chance to Explain InvestmentITAT Remands Rs 92 Lakh Capital Gain Addition to CIT(A)ITAT Remands Section 12AB Registration Application for Fresh ConsiderationITAT Upholds Rs 10.91 Lakh Addition on Unrecorded Job Work Transactions at 8% Profit Rate
About Author

Meetu Kumari
Content Manager
Meetu Kumari is an Experienced Advocate and Content Writer with 4+ years of demonstrated history of working in the law practice industry. Skilled in Developing Content, Researching, and Drafting. Strong professional with a Bachelor of Science (B.Sc.) focused on Law from Gujarat National Law University.
Meetu Kumari is an Experienced Advocate and Content Writer with 4+ years of demonstrated history of working in the law practice industry. Skilled in Developing Content, Researching, and Drafting. Strong professional with a Bachelor of Science (B.Sc.) focused on Law from Gujarat National Law University.
Studycafe
Jodhpur, Rajasthan, India
2264My Recent Articles
- ITAT Condones 302-Day Delay, Restores Salary Assessment for Fresh VerificationPremium
- ITAT Condones Delay After Tax Consultant's Death, Restores Appeals for Fresh HearingPremium
- ITAT Remands Salary Addition, Says Taxability Depends on Salary Becoming Due, Not Mere ReceiptPremium
- ITAT Deletes TP Royalty Adjustment, Orders Fresh Review of Commission BenchmarkingPremium
- ITAT Quashes Reassessment Over Unsigned Section 148 Notice Issued to AssesseePremium
Up Next
Loading suggestions…
Recent Posts
All Posts
Recent Posts
All Posts







