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Income Tax - Highlights / Catch Notes

Home Highlights February 2016 Year 2016 This

Bogus purchases - CIT(A) was fully justified in deleting the ...

Case Laws     Income Tax

February 17, 2016

Bogus purchases - CIT(A) was fully justified in deleting the addition made by the AO on account of alleged bogus purchases particularly when the GP rate declared by the assessee was progressive and was accepted by the AO. - AT

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