Validity of reopening of assessment - addition u/s 69C - bogus ...
Income Tax Reassessment: Bogus Purchases Uncovered, Case Reopened u/s 147, Addition Made u/s 69C.
February 15, 2018
Case Laws Income Tax AT
Validity of reopening of assessment - addition u/s 69C - bogus purchases - M/s. JPK Trading Pvt. Ltd had never sold any goods and were only issuing bogus sales invoices and charged commission. Thus AO was justified in reopening the case of the appellant for the year under consideration u/s 147 of the Act - AT
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