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2023 (12) TMI 228 - SC ORDEREstimation of income - Bogus purchases - As decided by HC [2023 (1) TMI 835 - GUJARAT HIGH COURT] AO has chosen not to reject the books of accounts of the assessee and had made the estimated additions of the pieces of the purchases. Both, the CIT (Appeals) and the Tribunal, have concurrently and rightly held to make the additions, which the CIT (Appeals) had done @ 12.5% of the impugned purchases, which have been reduced and restricted to 6%. HELD THAT:- In view of the dismissal [2023 (12) TMI 144 - SC ORDER] following the said order, this special leave petition is also stand dismissed. Pending application(s), if any, shall stand disposed of.
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