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Income Tax - Highlights / Catch Notes

Home Highlights November 2018 Year 2018 This

Addition on account of bogus purchases - Even though the books ...

Income Tax

November 29, 2018

Addition on account of bogus purchases - Even though the books of account have not been rejected, since the AO has clearly established that the purchases were bogus, there is no justification for accepting the contentions of the AR that only part of the purchase should be disallowed

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