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Income Tax - Highlights / Catch Notes

Home Highlights December 2016 Year 2016 This

Addition of bogus purchases of machinery - the proceedings ...

Income Tax

December 1, 2016

Addition of bogus purchases of machinery - the proceedings before Sales Tax Department alone could not be the sole basis of addition in the hands of assessee before Income Tax Authorities - Section 69 had no applicability since the machinery was duly recorded in the books of accounts - AT

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