Bogus loss - when ultimate buyer and the seller operate from the same premises, why is the assessee...

Bogus loss - when ultimate buyer and the seller operate from the same premises, why is the assessee roped in every time, and every time that happens, assessee incurs a loss - the “ease of business” for every connected party operating from the same premises is too vague an explanation to merit judicial approval - loss not allowable .....

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