Bogus purchases - estimation of income - When the Tribunal had ...

Tribunal Rules Only Profit Element of Assessee's Purchases Taxable, No Substantial Question of Law Involved.

February 15, 2020

Case Laws Income Tax HC

Bogus purchases - estimation of income - When the Tribunal had concluded that the assessee did make the purchase, as a natural corollary not the entire amount covered by such purchase but the profit element embedded therein would be subject to tax. No substantial question of law

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Bogus purchases - estimation of income - When the Tribunal had ...

Tribunal Rules Only Profit Element of Assessee's Purchases Taxable, No Substantial Question of Law Involved.

February 15, 2020

Case Laws Income Tax HC

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