Just a moment...

Report
FeedbackReport
Bars
Logo TaxTMI
>
×

By creating an account you can:

Feedback/Report an Error
Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
TMI Blog
Home / RSS

No Evidence Found for Bogus Purchases or Sales; No Additions Made u/s 41(1) to Tax Liability.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Addition as cessation of liability u/s 41(1) - There is no finding by the AO that the purchases were bogus and corresponding sales are also bogus - no corroborative evidence brought on record to make addition - No additions.....