If Purchases Are Treated As Genuine And Stock Is Also Accepted, Then Treating Sales As Bogus Is Not Logical: New Delhi ITAT

The New Delhi ITAT ruled that once AO has accepted the sales made in cash, then source of cash deposits ought to have been treated as explained, and no addition is permitted u/s 68 of the Income tax...

Related Keywords

Kul Bharat ,Gautam Jain ,Sarson Oil ,Single Bench ,Judicial Member ,Guar Churi ,Lalit Mohan ,