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Taxpayer's Unexplained Expenses u/s 69C; 10% Ad Hoc Addition Made to Resolve Bogus Purchase Dispute.
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....Unexplained expenses u/s 69C - bogus purchases - cancellation of sales tax registration certificate of the parties - claimed to be allowed as "business loss" u/s 28 or 37 - ad hoc addition at the rate of 10% of such purchases made in order to meet the end of justice and to stop the ongoing dispute....