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Bogus purchases - the purchases shown by the assessee is not in doubt, but the assessee might have not purchased from these parties who he might have purchased it from the grey market. Therefore, entire purchases cannot be added to the total income of the assessee - Tri

Income Tax - Bogus purchases - the purchases shown by the assessee is not in doubt, but the assessee might have not purchased from these parties who he might have purchased it from the grey market. Therefore, entire purchases cannot be added to the total income of the assessee - Tri - TMI Updates - Highlights .....

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