Section 69A Addition Deleted: Reliance on Third-Party Data Insufficient

Shujath Ulla Shariff Vs ITO (ITAT Bangalore)

Bogus Purchase Addition Deleted – ITAT Bangalore Holds Third-Party Data Insufficient Without Independent Verification

AO made an addition of ₹21,17,844 u/s 69A, alleging bogus purchases from M/s Prestige Interiors based solely on information received from the Department of Commercial Taxes that certain invoices were fictitious & unsupported by movement of goods. Assessee, who had declared income u/s 44AD from trading activity, produced invoices, GST registration & supplier details but was unable to fur

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