ITAT Restricts Bogus Purchase Addition to 8% Profit Element, Grants Major Relief to Taxpayer

ITAT Restricts Bogus Purchase Addition to 8% Profit Element, Grants Major Relief to Taxpayer The Income Tax Appellate Tribunal (ITAT), […]

ITAT Reduces Alleged Bogus Purchase Addition from 25% to 12.5%

Only Profit, Not Full Purchases Taxable: ITAT Reduces Alleged Bogus Purchase Addition from 25% to 12.5% The ITAT Mumbai dismissed […]