Unexplained Purchases u/s 69C: Transactions with Dubious Supplier Deemed Paper-Based, Lacking Substantial Evidence.

Addition u/s 69C - unexplained purchases calculated on the basis of peak credit - The transactions reported by the assessee from the tainted supplier and the payment through banking channels could not be held to be more than paper transactions. .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X