103 results for “bogus purchases”+ Section 132(4)clear
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In the result, ground no. 3,4,5 & 6(a) are dismissed as not pressed and ground no
Bench: SHRI. AAKASH DEEP JAIN (Vice President), SHRI. VIKRAM SINGH YADAV (Accountant Member)
132(1) were carried out at the business premises of the assessee on 01/11/2017. Thereafter notice under section 153A dt. 25/02/2019 was issued to the assessee. In response, the assessee filed its return of income on 03/05/2019 declaring income as originally declared at Rs. 90,47,350/-. Subsequently, notice under section 142(1) alongwith specific questionnaire were issued, responses were