The Bombay High Court has held that the entire purchase cannot be disallowed even if it is a Bogus purchase. The respondent Pinaki D. Pinaki who carries on business as a Civil Contractor had filed the return for the Assessment Year 2009-10 on 29 September 2009 declaring a total income of Rs.48,65,060/-. The assessment was […]
The post Entire Purchase can’t be Disallowed If some of them was found as Bogus: Bombay HC [Read Judgment] appeared first on Taxscan | Simplifying Tax Laws.
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