Held that the Order of CIT(A) restricting disallowance of purchases to 5 per cent of alleged bogus purchases is affirmed. (AY. 2018-19, 2019-20)
Dy. CIT v. Hi-Tech Engineers (2023) 222 TTJ 785 (Mum)(Trib)
S. 69 : Unexplained investments-Income from undisclosed sources-Assessment-Bogus purchases-Order of CIT(A) restricting disallowance of purchases to 5 per cent of alleged bogus purchases is affirmed. [S. 143(3)]