ITAT Restricts Bogus Purchase Addition to Rs 10 Lakh And Deletes Balance Rs 87.03 Lakh The Income Tax Appellate Tribunal (ITAT) Delhi has granted relief to Shyam International by restricting an addition made on account of bogus purchases, estimating the profit element at Rs 10 lakh, and deleting the addition of Rs 87.03 lakh. The…
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