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Income Tax - Highlights / Catch Notes

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Additions made on account of bogus purchase - question of ...


Bogus Purchase Additions Unjustified if Solely Due to Non-Response u/s 133(6) of Income Tax Act.

June 16, 2018

Case Laws     Income Tax     AT

Additions made on account of bogus purchase - question of rejecting the purchases simply because he did not receive any information, when notices were issued under section 133(6) of the Act, from parties, cannot be the sole reason to make the addition.

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