Once I-T dept accepts sales, it can’t doubt purchase: ITAT | Ahmedabad News
Ahmedabad: The Income Tax Appellate Tribunal bench has said that once the I-T department accepts sales and calculates income tax based on them, it cannot say that the purchases were bogus.The tribunal has allowed two appeals filed by an individual trader for assessment years 2019-20 and 2020-21, quashing reassessment proceedings initiated on the basis of…
