2 results for “bogus purchases”+ Bogus Purchasesclear
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Bench: HONOURABLE MR. JUSTICE LANUSUNGKUM JAMIR,HONOURABLE MR. JUSTICE KAUSHIK GOSWAMI
purchased and the amount of premium were not specified by certain companies, namely Super Finance Ltd. Kolkata, Ganga Builders Ltd. Kolkata. Furthermore, these companies had not enclosed the bank statement. (vi) In addition to above, AO found that: Page No.# 20/29 a. Out of the four companies at Mumbai, two companies were found to be non-existent