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#Bogus purchases

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

503 articles
Income TaxAO can not treat purchase as Bogus merely because Supplier is declared Hawala dealer by Sales tax Department
Income Tax

AO can not treat purchase as Bogus merely because Supplier is declared Hawala dealer by Sales tax Department

TG Team11 years ago
Income TaxPurchase cannot be treated Bogus based merely on the basis of statements given before Sales tax department
Income Tax

Purchase cannot be treated Bogus based merely on the basis of statements given before Sales tax department

TG Team11 years ago
Income TaxOnly net profit on unaccounted sales can be taken as income if Purchase in duly accounted
Income Tax

Only net profit on unaccounted sales can be taken as income if Purchase in duly accounted

TG Team12 years ago
Income TaxBogus purchases – Transaction with Hawala Party not necessarily mean all transaction of Assessee with him are bogus or sham
Income Tax

Bogus purchases – Transaction with Hawala Party not necessarily mean all transaction of Assessee with him are bogus or sham

TG Team12 years ago
Income TaxPurchases cannot be treated as bogus for none traceability of suppliers
Income Tax

Purchases cannot be treated as bogus for none traceability of suppliers

TG Team12 years ago
Income TaxPurchases cannot be bogus for mere listing of supplier as hawala dealer
Income Tax

Purchases cannot be bogus for mere listing of supplier as hawala dealer

CA Sandeep Kanoi12 years ago
Goods and Services TaxWhy is Maharashtra States Businessmen’s mood OFF? It’s due to issues of MVAT SETOFF.
Goods and Services Tax

Why is Maharashtra States Businessmen’s mood OFF? It’s due to issues of MVAT SETOFF.

Umesh Sharma12 years ago
Goods and Services TaxVAT Authorities denying Input tax credit on Flimsy Grounds
Goods and Services Tax

VAT Authorities denying Input tax credit on Flimsy Grounds

TG Team12 years ago
Goods and Services TaxDisallowance of input tax credit on the ground that seller is bogus or cancelled dealer-part II
Goods and Services Tax

Disallowance of input tax credit on the ground that seller is bogus or cancelled dealer-part II

AMIT BAJAJ12 years ago
Goods and Services TaxDisallowance of input tax credit on the ground that seller is bogus or cancelled dealer
Goods and Services Tax

Disallowance of input tax credit on the ground that seller is bogus or cancelled dealer

AMIT BAJAJ12 years ago
Income TaxITAT Confirms Addition of 1% Commission on Hawala / Bogus Turnover
Income Tax

ITAT Confirms Addition of 1% Commission on Hawala / Bogus Turnover

TG Team12 years ago
Goods and Services TaxDelhi VAT Dealers – Caution in Purchases against Tax Invoices
Goods and Services Tax

Delhi VAT Dealers – Caution in Purchases against Tax Invoices

TG Team13 years ago
Income TaxPurchase not bogus for mere non appearance of suppliers before AO
Income Tax

Purchase not bogus for mere non appearance of suppliers before AO

TG Team13 years ago
Income TaxMere non production of cash purchase bills does not make Purchase bogus
Income Tax

Mere non production of cash purchase bills does not make Purchase bogus

TG Team13 years ago