12.5% disallowance out of the bogus purchases, done by the learned CIT(A) meets the end of justice
Last updated: 22 January 2021
Court :
ITAT Mumbai
Brief :
These are appeals by the revenue wherein the revenue is aggrieved thatlearned Commissioner of Income Tax (Appeals) [in short learned CIT(A)] hasreduced the addition by sustaining only 12.5% of the disallowance for bogus purchases.
Citation :
ITA 1328/MUM/2019
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Published in Income Tax
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