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#Bogus purchases

Every article filed under the “Bogus purchases” tag — analysis, news and updates.

503 articles
Income TaxHC restricts addition on Bogus Purchase to G.P. rate on genuine purchases
Income Tax

HC restricts addition on Bogus Purchase to G.P. rate on genuine purchases

Editor24 years ago
Income TaxITAT upheld 100% Disallowance for Bogus/Hawala Purchase by Govt Civil Contractor
Income Tax

ITAT upheld 100% Disallowance for Bogus/Hawala Purchase by Govt Civil Contractor

TG Team4 years ago
Income TaxBogus Purchases Disallowance restricted to profit element embedded in bogus purchases
Income Tax

Bogus Purchases Disallowance restricted to profit element embedded in bogus purchases

Editor24 years ago
Income TaxEntire purchase cannot be added to income when assessee not able to prove genuineness of supplier
Income Tax

Entire purchase cannot be added to income when assessee not able to prove genuineness of supplier

Bimal Jain4 years ago
Income TaxAssessee cannot be faulted if seller is not traceable or his name appears in list of non-genuine dealer
Income Tax

Assessee cannot be faulted if seller is not traceable or his name appears in list of non-genuine dealer

Editor44 years ago
Income TaxAddition for Bogus Purchases on mere Presumption without any supporting material not valid
Income Tax

Addition for Bogus Purchases on mere Presumption without any supporting material not valid

Editor24 years ago
Income TaxBogus Purchase: ITAT restores matter to CIT(A) for re-adjudication
Income Tax

Bogus Purchase: ITAT restores matter to CIT(A) for re-adjudication

Editor24 years ago
Income TaxAccommodation entries- Bogus Billing- Shell Companies – HC upheld addition
Income Tax

Accommodation entries- Bogus Billing- Shell Companies – HC upheld addition

Editor44 years ago
Income TaxITAT upheld disallowance at the rate of 12.5% of bogus purchases
Income Tax

ITAT upheld disallowance at the rate of 12.5% of bogus purchases

Editor24 years ago
Goods and Services TaxCGST Navi Mumbai arrests one for availing & passing on fake ITC
Goods and Services Tax

CGST Navi Mumbai arrests one for availing & passing on fake ITC

TG Team4 years ago
Goods and Services TaxCGST Bhiwandi arrests 2 persons for bogus invoices of Rs. 55 crore
Goods and Services Tax

CGST Bhiwandi arrests 2 persons for bogus invoices of Rs. 55 crore

Editor44 years ago
Income TaxProfit element involved in bogus purchases should be taxed
Income Tax

Profit element involved in bogus purchases should be taxed

Editor24 years ago
Income TaxITAT deletes Entire Additions on account of alleged Bogus Purchases & Bogus Sales
Income Tax

ITAT deletes Entire Additions on account of alleged Bogus Purchases & Bogus Sales

Advocate Nikhilesh Begani4 years ago
Income TaxNo addition for bogus purchase on borrowed satisfaction from VAT Dept. without proper examination
Income Tax

No addition for bogus purchase on borrowed satisfaction from VAT Dept. without proper examination

RATHI4 years ago