Income Tax: AO Can't Add u/s 69C for Bogus Purchases Based Solely on Sales Tax Info or Third-Party Statements.

Income Tax: AO Can't Add u/s 69C for Bogus Purchases Based Solely on Sales Tax Info or Third-Party Statements. https://www.taxtmi.com/highlights?id=32931 Addition u/s 69C - bogus purchases - AO cannot make the addition under section 69C of the Act by merely relying on information obtained from the Sales Tax Department, the statement/affidavit of third parties - AT en-us Fri, 20 Jan 2017 07:25:50 +0530 Fri, 20 Jan 2017 07:25:50 +0530 TaxTMI RSS Generator Income Tax: AO Can't Add u/s 69C for Bogus Purchases Based Solely on Sales Tax Info or Third-Party Statements. https://www.taxtmi.com/highlights?id=32931 Addition u/s 69C - bogus purchases - AO cannot make the addition under section 69C of the Act by merely relying on information obtained from the Sales Tax Department, the statement/affidavit of third parties - AT Highlights Income Tax Fri, 20 Jan 2017 07:25:50 +0530 https://www.taxtmi.com/highlights?id=32931