Bogus Purchase Bill

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..... Dear Sir, My purchases have been proved to be bogus.Will sales related to such purchase will also be bogus and assessee will be able to claim lower tax benefit.Please refer case law or section suppor .....

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..... ting answer. Thanks Regards Prashant - Reply By Ganeshan Kalyani - The Reply = If bogus purchase is made then the set off is reduced by that amount resulting in payment of tax. Some case stated .....

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..... that though bogus purchase is made purchaser will be allowed to take the credit. - Bogus Purchase Bill - Query Started By: - Prashant Premlani Dated:- 23-12-2015 Income Tax - Got 1 Reply - Income Tax .....

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..... - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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