Estimation of income - bogus purchases - hawala transactions - ...

Court Upholds 10% Income Addition for Bogus Purchases in Tax Evasion Case Involving Hawala Transactions.

October 23, 2021

Case Laws Income Tax AT

Estimation of income - bogus purchases - hawala transactions - it would be reasonable to sustain addition @ 10% of the amount of bogus purchases, being profit element involved therein. - AT

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Estimation of income - bogus purchases - hawala transactions - ...

Court Upholds 10% Income Addition for Bogus Purchases in Tax Evasion Case Involving Hawala Transactions.

October 23, 2021

Case Laws Income Tax AT

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