Assessee's Delayed Payments Raise Suspicions of Bogus Purchases in 2008-09 Income Tax Assessment.

Bogus Purchases - assessee had purchased the goods in the months of May and June, 2008. However, the payments have been made from September, 2009 onwards, i.e., after expiry of about one and half years - assessee has failed to establish the genuineness of purchases - AT .....

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