Where assessee had declared certain purchases to be made during year and Assessing Officer added entire quantum of purchases to income of assessee on plea that purchases were bogus purchases and Tribunal held that only reasonable profit at rate of 5 per cent on purchases should be added back to income of assessee, Tribunal was justified in its view
Refer:[2020] 115 taxmann.com 333 (Bombay)
Refer:[2020] 115 taxmann.com 333 (Bombay)
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