https://www.taxtmi.com/highlights?id=61942 Addition u/s 69C on account of unexplained expenditure - benefit of telescoping - The assessee can get the telescoping benefit for addition on account of bogus purchases in his case only and cannot get the telescoping benefit on account of the cash generated out of such bogus purchases in other group concerns for meeting the expenditure towards acquisition of gold coins - AT en-us Mon, 14 Feb 2022 21:41:28 +0530 Mon, 14 Feb 2022 21:41:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=61942 Addition u/s 69C on account of unexplained expenditure - benefit of telescoping - The assessee can get the telescoping benefit for addition on account of bogus purchases in his case only and cannot get the telescoping benefit on account of the cash generated out of such bogus purchases in other group concerns for meeting the expenditure towards acquisition of gold coins - AT Highlights Income Tax Mon, 14 Feb 2022 21:41:28 +0530 https://www.taxtmi.com/highlights?id=61942