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

Court Applies 12.5% Net Profit Rate on Bogus Purchases Linked to Hawala Operators u/s 69C of Income Tax Act.

August 22, 2017

Case Laws Income Tax AT

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

Court Applies 12.5% Net Profit Rate on Bogus Purchases Linked to Hawala Operators u/s 69C of Income Tax Act.

August 22, 2017

Case Laws Income Tax AT

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