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Income Tax - Highlights / Catch Notes

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Estimation of income - bogus purchases - When the Tribunal has ...

Income Tax

September 27, 2023

Estimation of income - bogus purchases - When the Tribunal has thought it fit to reduce the disallowance at 6% from 12.5%, the Tribunal had before it the facts which were duly analysed by it. No interference is called for in the said conclusion and findings of the Tribunal in the present appeal by this court. - HC

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