35 results for “bogus purchases”+ Section 133Aclear
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Bench: Shri Manomohan Das, Hon’Ble & Shri Sanjay Awasthi, Hon’Ble
bogus purchases. No unexplained cash credit or fictitious entry has been identified in the appellant’s books of account, and therefore, invoking section 68 in respect of trade purchases is erroneous. Merely, because the supplier was alleged to be involved in accommodation entries, it was incorrectly presumed that the appellant’s transactions were also of the same nature. The authorities