995 results for “bogus purchases”+ Reassessmentclear
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Bench: Shri Prashant Maharishi & Shri K. N. Chary
bogus purchases in the regular books of accounts and not recording sales of scrap in the regular books of accounts , and use such cash allegedly for incurring expenses for the business purposes of the assessee. If the excel sheets found during the course of assessment proceedings are taken for determination of income, it will show that