The trading loss claimed by the assessee is not a genuine ...

Case Laws Income Tax

July 19, 2016

The trading loss claimed by the assessee is not a genuine trading loss and the entire transactions have been carried out in a circuitous route among the group concerns by doing paper work in the form of purchase and sales invoices only to give the colour of genuinity - AT

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The trading loss claimed by the assessee is not a genuine ...

Case Laws Income Tax

July 19, 2016

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