Held that the assessee was unable to prove the genuineness of the purchase concerning the parties. However, when the AO asked the assessee to show the quantity and quality-wise details of the purchase and their corresponding consumption and sales, the assessee produced them. No infirmity had been found in those details. The assessee had purchased material from party A and procured bogus bills of the same material from party B. The overall facts and circumstances that there were other expenses and credit of taxes and duties required to be added, an addition of four percent of bogus purchases in the hands of the assessee would be appropriate. (AY. 2019-20)