1,654 results for “bogus purchases”+ Section 25clear
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In the result, appeals filed by the assessee for AY
Bench: Shri R.K. Panda & Ms. Suchitra Kamble
25,975/- as unexplained expenditure under section 69C of the I.T. Act, 1961. 2.14. During the course of assessment proceedings, the A.O. noted that the assessee company has shown purchases of Rs.5,34,76,626/- from the following parties during the year under consideration. Party Name Amount Delite Trading Co. 18,82,671 Ganesh Enterprises 19,65,386 Hans Trading