Restriction of disallowance - Bogus purchases - Restriction of ...

Court Limits Income Tax Disallowance to 30%, Adds 12.5% Net Profit on Bogus Purchases as Reasonable Adjustment.

March 29, 2014

Case Laws Income Tax AT

Restriction of disallowance - Bogus purchases - Restriction of disallowance @30% of total disallowance – addition of 12.5% net profit on bogus purchase is reasonable - AT

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Restriction of disallowance - Bogus purchases - Restriction of ...

Court Limits Income Tax Disallowance to 30%, Adds 12.5% Net Profit on Bogus Purchases as Reasonable Adjustment.

March 29, 2014

Case Laws Income Tax AT

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