TMI BlogTrading addition - Estimation of income - bogus purchases - when purchased are duly accepted by the VAT...Trading addition - Estimation of income - bogus purchases - when purchased are duly accepted by the VAT Department including the sales and manufacturing account and the quantity utilized for the manufacturing has not been disputed and trading account and books of account have not been rejected, then no separate addition on account of purchase cannot be made - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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