1,391 results for “bogus purchases”+ Addition to Incomeclear
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Bench: Dr. B.R.R. Kumar & Sh. Yogesh Kumar Usita No. 711, 712 & 713/Del/2022 A.Y. 2016-17, 2017-18 & 2018-19 Kwality Techmech Pvt. Ltd. Vs. Dcit/Acit, B-20, Lawrence Road Cc-20, Industrial Area , Delhi Keshav Puram, North West Delhi, Delhi-110035 Pan : Aaeck1176E Appellant Respondent
bogus purchase on the total purchases of Rs.92,73,19,076/- was added by the Assessing Officer to the total income of assessee u/s 37(1) of the Income Tax Act, 1961. 5. On appeal, ld. CIT(A) observed as follows: “5.1 All these grounds pertain to the addition