In case of disputed purchases, only profit element embedded in the value of such disputed purchases shall be brought to tax
Last updated: 07 August 2021
Court :
ITAT Mumbai
Brief :
This appeal in ITA No.40/Mum/2020 for A.Y.2007-08 arises out of
the order by the ld. Commissioner of Income Tax (Appeals)-30, Mumbai
in appeal No.CIT(A)-30/19(1)(2)/13153/2015-16 dated 26/09/2016 (ld.
CIT(A) in short) against the order of assessment passed u/s.143(3) r.w.s.
147 of the Income Tax Act, 1961.
Citation :
CIT(A)-30/19(1)(2)/13153/2015-16
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Poojitha Raam Vinay 
Published in Income Tax
Views : 205
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