Case Law Details
Case Name : M. Shashikant & Co Vs ITO (ITAT Mumbai)
Related Assessment Year : 2010-11
Courts :
All ITAT ITAT Mumbai
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M. Shashikant & Co Vs ITO (ITAT Mumbai)
Paper Trail, Stock Tally and Exports Trump Suspicion: ITAT Deletes Bogus Purchase Addition in Diamond Trade
The Mumbai Bench of the Income Tax Appellate Tribunal allowed the assessee’s appeal and deleted the addition of ₹59.11 lakh made on account of alleged bogus purchases, holding that Please become a Premium member. If you are already a Premium member, login here to access the full content.
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