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2005 (3) TMI 95 - HC - Income Tax
Extract:
.......aving been found to be bogus and there is no other purchases of chuni-bhusi, the benefit of deduction of such purchases has rightly been disallowed. In view of the foregoing discussions, we accordingly answer the question referred to us in the affirmative, i.e., in favour of the Revenue and against the assessee. There shall be no order as to costs.