Bogus purchases - G.P. addition - if the AO finds that the GP ...
Income Tax: Addressing Bogus Purchases and GP Discrepancies; Addition Limited to Lower GP from Specific Parties.
January 16, 2016
Case Laws Income Tax AT
Bogus purchases - G.P. addition - if the AO finds that the GP disclosed in respect of purchases from these three parties is lower than the GP disclosed in respect of other undisputed purchase, addition should be made to that extent only - AT
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