Advertisement
Advertisement
Skip to content
Follow Us on
Advertisement
TOP STORIES
Income Tax

Bogus Purchase Questions Left Open After Revenue Appeal Rejected for Low Tax Effect

Case Law Details

Case Name
PCIT Vs Arvind Dwarkadas Purohit (Bombay High Court)
Date of Judgement/Order
Only available for paid members
Advertisement PCIT Vs Arvind Dwarkadas Purohit (Bombay High Court) Core Issue: The principal issue before the Bombay High Court was whether the exceptions to the monetary limits for filing departmental appeals, introduced by the CBDT through its letter dated 20.08.2018 modifying Circular dated 11.07.2018, would apply retrospectively to appeals already instituted before 20.08.2018. The Court also considered whether a Revenue appeal involving alleged bogus purchases could be entertained where the tax effect was below the prescribed monetary limit by invoking the subsequently introduced excep...
This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
Advertisement

Author Info

CA Ajay Kumar Agrawal
Qualification: CA in Practice
Company: AJAY K AGRAWAL AND ASSOCIATES
Location: NEW DELHI, Delhi
Articles Published: 273

Join TaxGuru's Network for the latest updates on Income Tax, GST, Company Law, Corporate Laws and other related subjects.

Leave a Reply

Your email address will not be published. Required fields are marked *