357 results for “bogus purchases”+ Section 56(2)clear
Sorted by relevance
Key Topics
Showing 1–20 of 357 · Page 1 of 18
In the result, the all appeals of the assessee are allowed and all the appeals of the Revenue are dismissed
Bench: Dr. B. R. R. Kumar, Sh. Sudhir Kumar
bogus purchases? Ans: Sir, we are a genuine manufacture and supplier of various electrical conductors and Aluminium based scraps. We have all documentary evidence to prove the genuineness of our purchases from the above entities. Goods have been purchased, payments have been made through banking channels. Further, records for movement of goods will be provided in due course of time