ITO 27 (1)(5), Mumbai vs M/S GLUCK (INDIA) MANUFACTURING COMPANY , Mumbai
Last updated: 28 November 2020
Court :
ITAT Mumbai
Brief :
This is an appeal by the revenue wherein the revenue is aggrieved that Learned Commissioner of Income Tax (Appeals) [in short learned CIT(A)] has reduced the addition for bogus purchase of Rs. 3,76,530/- done @ 100% by Assessing Officer by sustaining only 12.5%.
Citation :
I.T.A. No. 1838/Mum/2019
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