Case Law Details
Case Name : PCIT Vs SVD Resins &
Appeal Number : Plastics Pvt Ltd (Bombay High Court)
Date of Judgement/Order : Income Tax Appeal No. 1662 of 2018
Related Assessment Year : 07/08/2024
Courts :
All High Courts Bombay High Court
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PCIT Vs SVD Resins & Plastics Pvt Ltd (Bombay High Court)
Bombay High Court held that half-hearted approach on the part of AO to make additions on the issue of bogus purchase would not be conducive. Bogus purchase addition also cannot be on the basis of superficial inquiry.
Facts- Assessee is to be engaged in
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