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Income Tax - Highlights / Catch Notes

Home Highlights August 2017 Year 2017 This

Bogus purchases - based on of list of hawala operators published ...

Case Laws     Income Tax

August 22, 2017

Bogus purchases - based on of list of hawala operators published by Maharashtra Sales-tax Department relied upon - addition u/s 69C - a reasonable net profit of 12.5% on total bogus purchases would be sufficient to meet the ends of justice

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