TMI BlogAdditions on account of bogus purchases - accommodation bills - AO only restricted to 20% of purchases...Additions on account of bogus purchases - accommodation bills - AO only restricted to 20% of purchases claimed, it is surprising that the revenue now contends that the entire amount is disallowable. When Assessing Officer did not make disallowance of entire amount, ITAT can not improve upon the order of Assessing Officer - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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