Reopening of assessment - Bogus purchases - estimation of profit ...

Bogus Purchases Assessment Reopened; Profit Estimation Deemed Fair by Authorities, No Further Intervention Needed.

February 25, 2019

Case Laws Income Tax AT

Reopening of assessment - Bogus purchases - estimation of profit @ 12.50% - Estimation of the profits requires some guess work to assess income - as assessed by both the authorities below is very reasonable and fair and do not call for our interference.

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Reopening of assessment - Bogus purchases - estimation of profit ...

Bogus Purchases Assessment Reopened; Profit Estimation Deemed Fair by Authorities, No Further Intervention Needed.

February 25, 2019

Case Laws Income Tax AT

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