Braham Dev Gupta. v. JCIT (2025) 212 ITD 238 (Delhi) (Trib.)

S. 69C: Unexplained expenditure-Bogus purchases-Export of readymade garments-Sales not doubted-Profit margin embedded in value of such disputed purchases was to be estimated at 2.5 per cent. [S.133(6) 145]

 

Held that sales are not doubted case involved is  a case of unverifiable purchases where profit margin would be slightly higher as purchases had been made in grey market, profit margin embedded in value of such disputed purchases  is directed to be estimated at 2.5 per cent. (AY. 2014-15)

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