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Income Tax - Highlights / Catch Notes

Home Highlights May 2017 Year 2017 This

Bogus purchases - Addition made on account of purchases from the ...

Case Laws     Income Tax

May 27, 2017

Bogus purchases - Addition made on account of purchases from the hawala parties - addition is to be restricted by applying GP rate of 10% on the said purchases over and above the GP rate shown by the assessee. - AT

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