#Bogus purchases
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503 articlesIncome Tax

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Mumbai ITAT Restricts Bogus Diamond Purchase Addition to 2% Following Earlier Rulings
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Bogus Purchase Addition Restricted as Only Profit Element Was Taxable: Gujarat HC
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ITAT Surat Restricts Bogus Purchase Addition as Only Profit Element Is Taxable
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ITAT Deletes Bogus Purchase Addition as AO Failed to Disprove Documentary Evidence
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ITAT Restricts Bogus Purchase Addition to 5% Profit Element: ITAT Delhi
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ITAT Directs GP-Based Addition as Jewellery Purchases Formed Part of Sales & Closing Stock
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Mumbai ITAT Quashes Section 263 Revision: AO’s 25% Bogus Purchase Addition Held to Be a Possible View
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Mumbai ITAT Deletes Entire Bogus Purchase Addition: General Hawala Statements Cannot Override Site-Level Evidence
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ITAT Deletes Bogus Purchase Addition as Cross-Examination Was Not Granted
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Sales Accepted, Books Not Rejected: ITAT Cuts Bogus Purchase Addition to 5%
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Bogus Purchase Addition Can’t Be 100% When Sales Are Accepted: ITAT Mumbai
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No Addition for ‘Bogus Purchases’ When Exports, Stock Records & Quantitative Tally Match
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ITAT Mumbai Restricts Bogus Purchase Addition to 7.87% of profit element
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