Tribunal restricted the disallowances at rate of 6 per cent of bogus purchases. As regards purchase of shares  order of CIT(A) deleting the addition is affirmed. As regards re assessment   there existed new information with Assessing Officer from credible sources, but also he had applied his mind and recorded conclusion that purchases claimed were non-genuine and therefore bogus. Reassessment is affirmed.   (AY. 2012-13)