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Income Tax | ITAT Surat Deletes Section 271(1)(c) Penalty on Ad Hoc Bogus Purchase Addition

1 Sept 2026 · 1 Sept 2026By CA Sandeep Kanoi

ITAT Surat deleted Section 271(1)(c) penalty after finding the ultimate bogus-purchase addition was sustained on an ad hoc basis. The post ITAT Surat Deletes Section 271(1)(c) Penalty on Ad Hoc Bogus Purchase Addition appeared first on TaxGuru .

This article was aggregated from TaxGuru. Continue reading for the complete story.

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