The Gujarat High Court has directed the Central Board of Direct Taxes to extend the Income Tax return filing deadline for ...
ITAT Kolkata held that mere non-filing of income tax returns by suppliers or non-response to notices cannot make an assessee’s expenses bogus. Proper verification of invoices, ledgers, payments, and ...
The Tribunal upheld the application of the assessee's own 1.39% Gross Profit rate on the bogus purchases, rejecting the AO's arbitrary 25% ...
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