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Income Tax - Highlights / Catch Notes

Home Highlights July 2012 Year 2012 This

Addition made on account of bogus purchases - there cannot be a ...


Court Rules No Direct Link Between Alleged Bogus Purchases and Sales; Decision Favors Assessee's Taxable Income Assessment.

July 14, 2012

Case Laws     Income Tax     AT

Addition made on account of bogus purchases - there cannot be a direct nexus between purchases and sales - in favour of assessee. - AT

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