Bogus purchases - the purchases shown by the assessee is not in ...
Taxpayer's Bogus Purchases Suspected from Grey Market; Full Amount Not Added to Income.
April 3, 2017
Case Laws Income Tax AT
Bogus purchases - the purchases shown by the assessee is not in doubt, but the assessee might have not purchased from these parties who he might have purchased it from the grey market. Therefore, entire purchases cannot be added to the total income of the assessee - AT
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