Dismissing the review petition on merits the Court held that  disallowance cannot be made solely on third party information without subjecting it to further scrutiny. The assessee has prima facie discharged the initial burden of substantiating the purchases through various documentation including purchase bills, transportation bills, confirmed copy of accounts and the fact of payment through cheques, & VAT Registration of the sellers & their income -tax return. The AO has also not provided a copy of the statements to the assessee, thus denying it opportunity of cross examination. Review petition of revenue is dismissed  (RP No 22394 of 2019 in CA Nos . 9604-9605 of  2018,dt. 21.08.2019)

(SLP rejected   CIT v. Odeon Builders Pvt.Ltd ( 2018) 404 ITR 1 (St)  . CIT v. Odeon Builders Pvt.Ltd ( 2019) 418 ITR 316 (HC)  ( AY. 2008 -09)