2 results for “bogus purchases”+ Section 271Dclear
Sorted by relevance
In the result, both appeals of the assessee are partly allowed
bogus.\nTherefore, in my considered view, the addition has been made purely on the\nbasis of suspicion. Such action of authorities below cannot be affirmed. I,\ntherefore, direct the AO to delete the impugned addition. Thus, ground raised by\nthe assessee in this appeal is allowed.\"\nKrishna Agarwal Vs. ITO (2021) 63 CCH 0048 (Jodh.) (Trib)\nPara