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Income Tax - Highlights / Catch Notes

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Addition of bogus purchases - reopening u/s 147 - if the source ...


Tax Assessment Reopened u/s 147 for Alleged Bogus Purchases Made via Account Payee Cheques: Genuine or Not?

March 23, 2019

Case Laws     Income Tax     AT

Addition of bogus purchases - reopening u/s 147 - if the source of purchases are from the books and through account payee cheque, then how such purchases can be treated as un accounted.

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