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Income Tax - Highlights / Catch Notes

Home Highlights November 2018 Year 2018 This

Disallowance on account of bogus purchases - cogency in the ...

Case Laws     Income Tax

November 16, 2018

Disallowance on account of bogus purchases - cogency in the submission of the assessee that the gross profit already shown by the assessee and offered to tax should be reduced from the standard 12.5% being directed to be disallowed on account of bogus purchase.

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