Tax Authorities Confirm Additions for Undisclosed Purchases and Sales with Bogus Entries by Assessee.

Tax Authorities Confirm Additions for Undisclosed Purchases and Sales with Bogus Entries by Assessee. https://www.taxtmi.com/highlights?id=49340 Bogus purchases - the assessee has done some undisclosed purchases, or undisclosed sales, which it is attempting to cover up by the transactions with the said bogus entries. The actual picture is known only to the assessee - Additions confirmed - AT en-us Thu, 19 Sep 2019 13:17:59 +0530 Thu, 19 Sep 2019 13:17:59 +0530 TaxTMI RSS Generator Tax Authorities Confirm Additions for Undisclosed Purchases and Sales with Bogus Entries by Assessee. https://www.taxtmi.com/highlights?id=49340 Bogus purchases - the assessee has done some undisclosed purchases, or undisclosed sales, which it is attempting to cover up by the transactions with the said bogus entries. The actual picture is known only to the assessee - Additions confirmed - AT Highlights Income Tax Thu, 19 Sep 2019 13:17:59 +0530 https://www.taxtmi.com/highlights?id=49340