https://www.taxtmi.com/caselaws?id=394847 Where purchases are linked to bogus bill providers and surrounding inquiry supports non-genuineness, only the profit element embedded in the disputed purchases may be taxed. Consultancy charges paid to a non-resident may require fresh examination where the section 195 and treaty position depends on where the services were rendered. Impounded material, survey cash differences, rough trial balances, loose notings, and returned defective goods can justify additions only when supported by credible corroboration. A donation to a charitable trust cannot be capitalised to work-in-progress without a proved business nexus, while unsupported allegations of receipt or unexplained expenditure may be remitted or deleted on the evidence. en-us Wed, 19 Feb 2020 00:00:00 +0530 Mon, 27 Apr 2020 11:15:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=394847 Where purchases are linked to bogus bill providers and surrounding inquiry supports non-genuineness, only the profit element embedded in the disputed purchases may be taxed. Consultancy charges paid to a non-resident may require fresh examination where the section 195 and treaty position depends on where the services were rendered. Impounded material, survey cash differences, rough trial balances, loose notings, and returned defective goods can justify additions only when supported by credible corroboration. A donation to a charitable trust cannot be capitalised to work-in-progress without a proved business nexus, while unsupported allegations of receipt or unexplained expenditure may be remitted or deleted on the evidence. Case-Laws Income Tax Wed, 19 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=394847