34 results for “bogus purchases”+ Section 56(2)(vii)clear
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Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee
56,950/- upheld by the Sir, it is submitted that the disallowance u/s 40A(3) of the Worthy CIT(A) impugned addition made purely Act on the basis of books of accounts and during the year under consideration assessee company has not made any cash purchases from the parties mentioned in the impugned order, copy of ledger account was also