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Income Tax - Highlights / Catch Notes

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Bogus purchases - Without causing any further enquires in ...


AO Cannot Add Bogus Purchases u/s 69C Without Further Inquiry Beyond Sales Tax Department Info.

October 26, 2016

Case Laws     Income Tax     AT

Bogus purchases - Without causing any further enquires in respect of the said purchases, the AO cannot make the addition under section 69C of the Act by merely relying on information obtained from the Sales Tax Department - AT

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