Court Deems 12.5% Gross Profit Ratio Appropriate for Alleged Bogus Purchases, Citing Fairness and Rationality.

We are inclined to adopt GP ratio of 12.5% on alleged bogus purchases in the instant case which in our considered view is fair, reasonable and rational keeping in view factual matrix of the case - AT .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X