Bombay High Court Dismisses Revenue's Appeal in Bogus Purchase Case, Upholds ITAT's 25% Disallowance. Court holds that when purchases are not bogus but from non-genuine parties, estimation of profit element at 25% is reasonable.
3 Oct 2022The present appeal was filed by the Pr. Commissioner of Income Tax-19 under Section 260A of the Income Tax Act, 1961 against the order dated 03rd May,...





