https://www.taxtmi.com/highlights?id=33148 Bogus purchases - addition made u/s 69C - assessee is making local purchases without any transportation bills, delivery challans etc., the possibility of the Assessee making purchases in grey market on cash cannot be ruled out - AO directed to disallow 2% of the above purchases to meet the anomalies - AT en-us Sat, 04 Feb 2017 12:44:02 +0530 Sat, 04 Feb 2017 12:44:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=33148 Bogus purchases - addition made u/s 69C - assessee is making local purchases without any transportation bills, delivery challans etc., the possibility of the Assessee making purchases in grey market on cash cannot be ruled out - AO directed to disallow 2% of the above purchases to meet the anomalies - AT Highlights Income Tax Sat, 04 Feb 2017 12:44:02 +0530 https://www.taxtmi.com/highlights?id=33148