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2018 (11) TMI 1317 - AT - Income TaxBogus purchases - Held that:- If two views are possible, one in favour of the assessee has to be adopted. Hence, we uphold the view of the CIT(A) for A.Y. 2010-11 to be applicable in assessee’s case for other year also. Hence, we direct that addition be made @ 6.5% of bogus purchase for all the years. Moreover,the assessee fairly admitted that 6.5% disallowance would meet the end of justice.
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