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Income Tax | Bogus Purchase GP Addition Restricted From 2.88% to 1%: ITAT Delhi

30 Sept 2026 · 30 Sept 2026By CA Vijayakumar ShettySource: TaxGuru

ITAT Delhi restricts GP on disputed purchases from 2.88% to 1%, following orders in assessee’s own cases where corresponding sales were accepted. The post Bogus Purchase GP Addition Restricted From 2.88% to 1%: ITAT Delhi appeared first on TaxGuru .

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

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