TMI BlogDisallowance of whole of Purchases based on some bogus purchasesX X X X Extracts X X X X X X X X Extracts X X X X ..... Can AO disallow the whole of purchases based on the fact that some bills have found to be bogus.Also when the same has been purchased through a broker of the assessee and relevant brokerage paid. Plea ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... se also provide with relevant case laws if Any - Reply By Surender Gupta - The Reply = Where the question is of fact, it is the factual position which would help to determine the issue. Apparently, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... where only some of bill are found as bogus, AO should make addition only in that respect. Expenditure supported by genuine bills can not be ignored. - Disallowance of whole of Purchases based on som ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e bogus purchases - Query Started By: - Karna Thaker Dated:- 22-12-2010 Income Tax - Got 1 Reply - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax M ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... anagement India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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