ITAT Restricts Rs. 2.88 Crore Addition to 5% in Alleged Bogus Purchase Case; Dismisses Revenue Appeal

ITAT Restricts Rs. 2.88 Crore Addition to 5% in Alleged Bogus Purchase Case; Dismisses Revenue Appeal The tribunal dismissed the appeal of the Income Tax Department and upheld the CIT(A)’s order by restricting the addition to 5% of alleged bogus purchases. The Income Tax Department has filed an appeal in the ITAT Delhi against a…