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Income Tax | ₹38.50 Crore Bogus Purchases Cannot Be Entirely Disallowed: Gujarat HC

5 Oct 2026 · 5 Oct 2026By CA Sandeep KanoiSource: TaxGuru

Gujarat HC dismissed Revenue appeals against 6% disallowance of bogus purchases linked to Bhanwarlal Jain Group in the Dinesh Jain case. The post ₹38.50 Crore Bogus Purchases Cannot Be Entirely Disallowed: Gujarat HC appeared first on TaxGuru .

Attribution

Original credit: CA Sandeep Kanoi. This digest is published with acknowledgment to TaxGuru. For the complete analysis, headnotes, and citations, please refer to the source.

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