Income Tax - Revision u/s 263 by CIT - Bogus purchases - CIT had clear...

Income Tax

Revision u/s 263 by CIT - Bogus purchases - CIT had clear cut information that the creditors relating to these purchases were bogus. He had given sufficient opportunities to the assessee during the revisionary proceedings to counter this fact, but the same was not done by the assessee. - Additions confirmed - AT

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