The Gujarat High Court upheld the ITAT order restricting disallowance on alleged bogus purchases to 6% instead of 100%. The Court held that only the income component embedded in disputed transactions ...
The court held that only the income component of alleged bogus purchases can be taxed, not the entire transaction. It upheld the Tribunal’s restriction of addition to 6%. The ruling reinforces limits ...
*The above gold rates are indicative and do not include GST, TCS and other levies. For the exact rates contact your local jeweller. Investing money in gold is worth because it is a hedge against ...
*The above silver rates are indicative and do not include GST, TCS and other levies. For the exact rates contact your local jeweller.
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