2 results for “bogus purchases”+ Section 245C(1)clear
Sorted by relevance
In the result the appeal of the assessee in ITA no
purchases from the assessee. He also expressed his inability in furnishing the addresses of the persons appearing in the loose papers on the ground that these papers were written by his father, who has suffered brain hemorrhage and was unable to speak. The facts being so, it is not clear that how the ld. AO has concluded that the papers