https://www.taxtmi.com/caselaws?id=342427 The appellate tribunal partially allowed the appeal, setting aside the addition of Rs. 9,36,000 as bogus purchases while sustaining the disallowance on account of GP. It also deleted the disallowance under section 14A read with Rule 8D(2)(ii) but upheld the disallowance under section 14A read with Rule 8D(2)(iii). en-us Tue, 25 Apr 2017 00:00:00 +0530 Thu, 04 May 2017 07:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=342427 The appellate tribunal partially allowed the appeal, setting aside the addition of Rs. 9,36,000 as bogus purchases while sustaining the disallowance on account of GP. It also deleted the disallowance under section 14A read with Rule 8D(2)(ii) but upheld the disallowance under section 14A read with Rule 8D(2)(iii). Case-Laws Income Tax Tue, 25 Apr 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=342427