Unaccounted purchases - unaccounted income of the assessee - it ...
January 10, 2023
Case Laws Income Tax AT
Unaccounted purchases - unaccounted income of the assessee - it is difficult to accept the arguments of the assessee that income earned out of unaccounted sales is plugged back into the business and which is source for unaccounted purchases, because, unaccounted purchases noticed by the Department is more than the amount of additional income offered by the assessee. - AT
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