Bogus purchases - addition made by the AO @12.5% - Rate of ...

Income Tax

January 1, 2020

Bogus purchases - addition made by the AO @12.5% - Rate of profit prevalent in assessee’s trade we are of the view that it would be reasonable if a rate of 3% is applied to the alleged bogus purchases.

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Bogus purchases - addition made by the AO @12.5% - Rate of ...

Income Tax

January 1, 2020

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