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Income Tax | Gujarat High Court Upholds 6% Addition on Bogus Diamond Purchases

9 Oct 2026 · 5d agoBy CA Sandeep KanoiSource: TaxGuru

Gujarat HC upholds ITAT's 6% addition on ₹4.34 crore disputed diamond purchases, rejecting Revenue's appeal for 100% disallowance. The post Gujarat High Court Upholds 6% Addition on Bogus Diamond Purchases 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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