Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2021 (3) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2021 (3) TMI 818 - AT - Income TaxEstimation of income - bogus purchases - DR submits that the estimation of profit @ 8% done by the AO and then affirmed by the Ld. CIT(A), being reasonable - HELD THAT:- We set aside the order of the Ld. CIT(A) and direct the AO to restrict the additions limited to the extent of bringing the G.P. rate on disputed purchases at the same rate of other genuine purchases
|