https://www.taxtmi.com/article/detailed?id=8059 Allegations that transactions are "Bogus" require reasoned analysis of evidence; concurrent findings that purchases were supported by bills, paid by account payee cheques, confirmed by the counterparty and accounted as sales are factual determinations which, absent contrary material, undermine an assessing officer's presumptive characterisation and should prevent further routine escalation by revenue authorities. en-us Wed, 11 Jul 2018 05:52:02 +0530 Wed, 11 Jul 2018 05:52:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=8059 Allegations that transactions are "Bogus" require reasoned analysis of evidence; concurrent findings that purchases were supported by bills, paid by account payee cheques, confirmed by the counterparty and accounted as sales are factual determinations which, absent contrary material, undermine an assessing officer's presumptive characterisation and should prevent further routine escalation by revenue authorities. Articles Income Tax Wed, 11 Jul 2018 05:52:02 +0530 https://www.taxtmi.com/article/detailed?id=8059