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2016 (2) TMI 504 - AT - Income TaxBogus purchases - Held that:- FAA had raised certain objections like supply of goods for a particular period, absence of delivery challans or impossibility of production of finished goods. But, he had not given reasons for arriving at such conclusions. The assessee had produced all the delivery challans along with the inward register. The suppliers of the raw material had specifically mentioned that delivery was made at the work place and that they did not charge transportation charges from the assessee. It is a fact that the goods manufactured by the assessee were supplied to parties who are in the field of transmission business. The AO/FAA have not made any enquiry with the recipient of the finished goods. In our opinion, the information received from sales tax was a good starting point for making further investigation, but it was not taken to the logical end. If the evidences produced by the assessee are vague against the conclusions drawn by the AO/ FAA it becomes clear that the assessee had discharged the burden cast upon it. Therefore, reversing the order of the FAA we decided the effective Ground of appeal in favour of the assessee
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