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

Court Rules Assessee's Claimed Trading Loss Not Genuine Due to Circuitous Transactions Among Group Entities.

July 19, 2016

Case Laws Income Tax AT

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 ...

Court Rules Assessee's Claimed Trading Loss Not Genuine Due to Circuitous Transactions Among Group Entities.

July 19, 2016

Case Laws Income Tax AT

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