https://www.taxtmi.com/highlights?id=67606 Unaccounted purchases - unaccounted income of the assessee - it is difficult to accept the arguments of the assessee that income earned out of unaccounted sales is plugged back into the business and which is source for unaccounted purchases, because, unaccounted purchases noticed by the Department is more than the amount of additional income offered by the assessee. - AT en-us Tue, 10 Jan 2023 09:24:53 +0530 Tue, 10 Jan 2023 09:24:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=67606 Unaccounted purchases - unaccounted income of the assessee - it is difficult to accept the arguments of the assessee that income earned out of unaccounted sales is plugged back into the business and which is source for unaccounted purchases, because, unaccounted purchases noticed by the Department is more than the amount of additional income offered by the assessee. - AT Highlights Income Tax Tue, 10 Jan 2023 09:24:53 +0530 https://www.taxtmi.com/highlights?id=67606