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2023 (3) TMI 1402 - HC - Income TaxEstimation of income - bogus purchases - CIT(A) sustained addition at 12.5% of the purchase - Tribunal restricted the addition to 6% of the disputed purchases shown by the assessee - HELD THAT:- The view taken and the conclusion arrived at by the appellant Tribunal are based on material before it and after analysing the facts and figure available before it. When the Tribunal has thought it fit to reduce the disallowance at 6% from 12.5%, the Tribunal had before it the facts which were duly analysed by it. No interference is called for in the said conclusion and findings of the Tribunal in the present appeal by this court.
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