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Income Tax - Highlights / Catch Notes

Home Highlights March 2019 Year 2019 This

Bogus purchases - addition @ 12.5% of the bogus purchases - ...


Unserved Notices Confirm Bogus Purchases Additions at 12.5% due to Accommodation Entries without Goods Delivery u/s 133(6).

March 15, 2019

Case Laws     Income Tax     AT

Bogus purchases - addition @ 12.5% of the bogus purchases - accommodation entries - no actual delivery of goods - notices issued u/s 133(6) were returned back unserved by the postal authorities - additions confirmed.

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