TMI BlogAssessment u/s 153A - Addition of bogus purchases on protective basis in the hands of the assessee -...Assessment u/s 153A - Addition of bogus purchases on protective basis in the hands of the assessee - Unless, it is brought over knowledge the fate of substantive addition in the hands of another entity, the addition in the case of the assessee cannot be sustained. In view of this we set-aside this ground of appeal back to the file of the learned assessing officer to 1st ascertain the fate of addition made on substantive basis in the hands of another entity. If the addition is sustained there on ..... ..... X X X X Extracts X X X X X X X X Extracts X X X X
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