1) Principal Commissioner of Income-tax vs. Deepak Banwarilal Agarwal
reported at [2024] 161 taxmann.com 601 (Gujarat)
Where AO received information from Investigation Wing that assessee had
obtained non-genuine purchase bills from a group which was engaged in business
of issuing non-genuine purchase bills, unsecured loans and accommodation
entries. disallowance was to be made at 6% of bogus purchases.