Unexplained expenses u/s 69C - bogus purchases - cancellation of ...

Case Laws Income Tax

December 27, 2019

Unexplained expenses u/s 69C - bogus purchases - cancellation of sales tax registration certificate of the parties - claimed to be allowed as "business loss" u/s 28 or 37 - ad hoc addition at the rate of 10% of such purchases made in order to meet the end of justice and to stop the ongoing dispute

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Unexplained expenses u/s 69C - bogus purchases - cancellation of ...

Case Laws Income Tax

December 27, 2019

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