Assessing Officer has estimated the gross profit (GP) at 12 % on the bogus purchases. This was not challenged by the revenue in any proceedings. The Commissioner (Appeals), reduced this estimation to 5.75%. On an appeal by the revenue on the question of GP estimation, the Income Tax Appellate Tribunal (ITAT) has  confirmed the appeal order. On appeal by the revenue the  dismissing the appeal the Court held that   issue do not raise any substantial question of law since the full purchases were not disallowed by the AO in the first instance and only issue relates to estimate of certain percentage of purchases as profit. (ITA No. 517 of 2021 & 528 of 2021 dt 22-1 -2025 ) . Dismissing the appeal of the revenue the Court held that , whether the addition of bogus purchases should have been less than 10% as ordered by the ITO or 2% as levied by the CIT (Appeals). Such a question does not give rise to any substantial question of law. (ITA Nos 11, 12 , & 14 of 2024 dt .17 -9 –2025 )