Bogus purchases or sales u/s 69C - genuineness of the ...
Additions u/s 69C for Bogus Purchases Require Proper Inquiry to Verify Transaction Authenticity.
February 12, 2020
Case Laws Income Tax HC
Bogus purchases or sales u/s 69C - genuineness of the transaction - Without causing such necessary enquiries in respect of the purchases, it was not open to the Assessing Officer to make the addition u/s 69C.
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