465 results for “bogus purchases”+ Section 2(24)(x)clear
Sorted by relevance
Key Topics
Showing 1–20 of 465 · Page 1 of 24
Bench: Shri Prashant Maharishi & Shri K. N. Chary
24,400,000 whereas actual profit earned by the assessee is only ₹ 6,279,000. For the assessment year 2013 – 14 he submitted that the income shown by the assessee in the return of income is Rs. 2,71,00,000/- whereas the actual loss incurred by the assessee as per the profitability statement seized during the course of search