Bogus purchases - Since the corresponding sales have been ...

Court Rules 30% Income Addition Unjustified for Bogus Purchases with Accepted Sales and Reasonable Gross Profit Shown.

September 26, 2018

Case Laws Income Tax AT

Bogus purchases - Since the corresponding sales have been accepted and the assessee had shown reasonable gross profit on sale, therefore, confirming the addition to the extent of 30% is not justified.

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Bogus purchases - Since the corresponding sales have been ...

Court Rules 30% Income Addition Unjustified for Bogus Purchases with Accepted Sales and Reasonable Gross Profit Shown.

September 26, 2018

Case Laws Income Tax AT

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