Addition towards bogus purchases without necessary verification from GST department restored back

Basanthi Lal Sah Vs ITO (ITAT Hyderabad) ITAT Hyderabad held that addition towards bogus purchases based on supporting documentary evidence, without carrying out necessary verification from GST department, cannot be sustained. Accordingly, matter restored back to file of AO for re-adjudication. Facts- The assessee, who is an individual running two proprietary concerns, viz. M/s. Bhavani Oxide and M/s. Bhavani Industries. During the course of assessment proceedings, AO observed that the assessee in the year had made huge purchases from various agencies. On a perusal of the details, AO observed ...