Bogus Purchase Addition Fails When Sales Are Accepted as Genuine

ACIT Vs Indure Pvt. Ltd. (ITAT Delhi) Bogus Purchase Addition Fails Where Sales Are Undisputed & Cross-Examination Denied: Delhi ITAT Dismisses Revenue Appeal Delhi ITAT ‘C’ Bench in ACIT Vs. Indure Pvt. Ltd. [ITA No. 4640/Del/2024, AY 2013-14, order dated 31.12.2025] dismissed Revenue’s appeal and upheld deletion of additions of ₹4.64 crore made on account of alleged bogus purchases. Reassessment was initiated based on Investigation Wing information alleging purchases from non-existing entities. Tribunal noted that AO relied entirely on third-party statements forming basis of reop...