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Income Tax - Highlights / Catch Notes

Home Highlights March 2019 Year 2019 This

Bogus purchases - The assessee has only produced certain ...


Court Upholds Additions for Assessee's Alleged Bogus Purchases Due to Lack of Credible Documentation Evidence.

March 12, 2019

Case Laws     Income Tax     AT

Bogus purchases - The assessee has only produced certain self-serving evidences in a straight-jacket formula normally collected in this type of transaction - Additions confirmed.

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