If Purchases Are Treated As Genuine And Stock Is Also Accept

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...

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