Addition of bogus purchases - The CIT (A) came to the conclusion ...

Case Laws Income Tax

June 8, 2019

Addition of bogus purchases - The CIT (A) came to the conclusion that it is a case of purchases from gray market and thereafter, bills have been procured from hawala operators - then neither the entire purchases can be considered as bogus nor the assessee be allowed to go scot free for not proving the genuineness of the purchases - addition to 10% of bogus purchases

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Addition of bogus purchases - The CIT (A) came to the conclusion ...

Case Laws Income Tax

June 8, 2019

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