Additions towards alleged bogus purchases - CIT(A) has taken one ...

Case Laws Income Tax

January 3, 2020

Additions towards alleged bogus purchases - CIT(A) has taken one of the possible method for estimation of profit to settle dispute between the parties and also considering nature of industry and BEP rate has scaled down profit estimated by the AO to 3% on alleged bogus purchases. - Order of CIT(A) sustained.

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Additions towards alleged bogus purchases - CIT(A) has taken one ...

Case Laws Income Tax

January 3, 2020

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