INCOME TAX : In case of bogus purchases ad hoc addition cannot be made rather same has to be made to extent of difference between gross profit rate on genuine purchases and gross profit rate on hawala purchasesINCOME TAX : In case of bogus purchases ad hoc addition cannot be made rather same has to be made to extent of difference between gross profit rate on genuine purchases and gross profit rate on hawala purchaseswww.taxmann.com Latest Case LawsRead More
