TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Highlights
of of All Highlights
Note
Bookmark
Share
Don't have an account? Register Here
of Estimation of income - Bogus purchases - The Tribunal considered similar cases and upheld the decision to restrict the disallowance to 6% of the impugned purchases. They noted that the AO had not conducted independent investigation and had not disputed the sales, while the books of accounts were not rejected. Considering the overall facts and circumstances, they deemed the 6% disallowance reasonable to prevent revenue leakage.
TaxTMI 
TaxTMI 
