Income Tax | Bogus Purchase Addition Cut from 12.5% to 5%: Mumbai ITAT Follows Trader’s Own Earlier Year

ITAT Mumbai reduces profit estimate on disputed purchases from 12.5% to 5%, following assessee’s immediately preceding assessment year. The post Bogus Purchase Addition Cut from 12.5% to 5%: Mumbai ITAT Follows Trader’s Own Earlier Year appeared first on TaxGuru .